EPA Cites Realty Company for Violating Federal Law on Notice of Lead-Based Paint HazardsMarch 27th, 2012 | Category: Industry News
The U.S. Environmental Protection Agency (EPA) cited Crespo Realty Inc., of Flushing, N.Y., for allegedly violating a federal law requiring the company to disclose information on lead-based paint hazards to tenants renting four Reading, Pa., properties.
According to EPA’s complaint, Crespo Realty Inc. did not provide the required lead hazard information and lead hazard disclosures in five leases in four residential properties in Reading. EPA will propose a penalty for these alleged violations after giving the company an opportunity to respond to the complaint. However, the complaint notes that the statutory maximum penalty for violations of the Disclosure Rule is $11,000 per violation. Crespo has the right to a hearing to contest the alleged violations.