For how long must lead-based paint disclosures be kept by the agent from the completion date of the sale?

In Virginia, agents are required to retain lead-based paint disclosures for a period of three years from the completion date of the sale. This regulation is rooted in the federal laws established by the Residential Lead-Based Paint Hazard Reduction Act, which mandates that sellers and landlords provide buyers and tenants with information on the dangers associated with lead-based paint, particularly in homes built before 1978.

Keeping these disclosures for three years ensures that there is a record available in the event of any disputes or inquiries regarding lead hazards after the sale. This retention period supports compliance with both federal and state regulations, providing protection for both the agent and the homeowners against potential liabilities related to lead exposure.

The other options suggest different time frames that do not align with the established requirements set forth in the lead-paint disclosure regulations. While retaining records for longer periods may seem prudent, it is essential to adhere to the specific timeline laid out by governing laws to ensure proper compliance.