Which governmental agency outlines the regulations regarding lead-based paint disclosure?

The correct answer is the Department of Housing and Urban Development (HUD). HUD is responsible for implementing the regulations related to lead-based paint disclosure, particularly through the Residential Lead-Based Paint Hazard Reduction Act of 1992. This act requires landlords and sellers of homes built before 1978 to provide information about lead-based paint hazards to potential tenants and buyers.

The Environmental Protection Agency (EPA) indeed plays a crucial role in the management and safety of lead-paint hazards, but it does so within the framework established by HUD. The EPA has regulations and guidelines related to lead-based paint, particularly concerning lead-safe practices in renovation and repair work, but the legal requirement for disclosure primarily falls under HUD's jurisdiction.

The Occupational Safety and Health Administration (OSHA) focuses on workplace safety and health standards, which may include lead exposure in occupational settings, but it does not govern lead-based paint disclosures for residential properties.

The Federal Trade Commission (FTC) primarily deals with consumer protection and competition issues. While it has regulations applicable to real estate transactions and advertising, it does not specifically address lead-based paint disclosure requirements.

Understanding the distinct roles of these agencies clarifies why HUD is the key agency responsible for lead-based paint disclosure regulations in the context of residential real estate.