CERTIFICATION OF DISCLOSURE
The Residential Lead-Based Paint Hazard Reduction Act of 1992 (the Act) and regulations promulgated by the Department of Housing and Urban Development and Environmental Protection Agency (the Regulations) require that the Unit Owner as Seller disclose, based upon actual knowledge, to the Prospective Purchaser the presence of any known lead based paint and/or lead based paint hazards in the apartment or common areas. The cooperative association must provide any information it has regarding the common areas.
The undersigned, being all the Unit Owner(s) as Seller(s) and all Prospective Purchaser(s) of the above referenced apartment hereby certify to the Cooperative Association owning the building that:
(i) They have received the information, if any, in the possession of the Cooperative Association regarding lead based paint and/or lead based paint hazards in the common areas.
(ii) They have complied in all respects with the Regulations.
The Unit Owner(s) as Seller(s) and the Prospective Purchaser(s), each individually, hereby agrees to indemnify and defend the Cooperative Association, its directors, officers, employees and agents, (the Indemnified Parties) against any and all claims, losses, liabilities, fines, penalties, damages, costs and expenses (including reasonable attorneys fees) that may at any time be imposed upon the Indemnified Parties for failure to comply with the Regulations. The Prospective Purchasers hereby release the Indemnified Parties from any claims with respect to the existence of lead based paint in the apartment and common areas and any disclosure with respect thereto.