(1) Before any buyer or lessee is obligated under any contract to purchase or lease residential housing constructed prior to 1978, the seller or lessor shall disclose the absence or presence of lead-based paint or lead-based paint hazards. This disclosure shall take one of the two following forms:

(a) the production of the results of a comprehensive lead inspection and risk assessment by a certified lead inspector; or

(b) provision of a multi-lingual form provided by the Philadelphia Department of Public Health containing the following statement;

"The Philadelphia Department of Public Health has determined that most housing built in Philadelphia before 1978 contains dangerous lead paint. This property was built before 1978. Therefore, without a comprehensive lead inspection, conducted by a certified lead inspector, showing there is no lead paint or there are no lead-based paint hazards, you can assume that this property likely contains lead-based paint."

(2) Before any buyer or lessee is obligated under any contract to purchase or lease residential housing constructed prior to 1978, the seller or lessor is also required to provide the buyer or lessee with a lead hazard information pamphlet as prescribed or approved by the Philadelphia Department of Public Health.

(3) All lessors with existing leases, shall comply with the terms of subsection (1) within ninety (90) days after this Ordinance takes effect.