The Mississippi Department of Environmental Quality is performing random audits of local broker's offices; they are reviewing Lead-Based Paint disclosures.
Last week, your CEO visited with MDEQ's representative, Dennis Kelly, who exhibited at the MAR convention in Biloxi. If your transaction involved a property built pre-1978, read the instructions on the Lead-Based Paint disclosure word-for-word. MDEQ is fining brokers who fail to complete the form correctly. Incorrectly completed forms can result in a fine of $10,000 per form. Mr. Kelly will gladly visit office meetings to provide further detail on lead poisoning and remediation and to discuss the forms with your office. His contact information is: