Lp Siding Disclosure

The disclosure statement does not state lp siding nor did the appraisal.

Lp siding disclosure.

It is coated with smartguard lp s proprietary sealant which includes waxes zinc borate and other advanced binders to make it. Lp smartside siding is a manufactured wood product. We had been told by that real estate agent that lp siding has to be disclosed. Several contractors looked at the siding thats still technically bad and said it should last several more years and not to.

We have lp siding on our home that is part of the class action suit. See how lp smartside trim siding holds up against a storm of hockey pucks and baseballs. The current standard is to disclose all material adverse defects and arguably the existence of lp siding given the number of problems people have had with it is a material adverse defect the. When shown our house we inquired about the siding and were assured it was not lp siding by a different agent.

That means you ll pay between 1 25 to 2 15 per square foot when using lap siding or panels. From what i understand we can include either a seller disclosure or disclaimer. At lp we understand the challenging dynamics of the building industry deadlines limited skilled workforces potential liabilities reputation management and inventory shortages just to name a few and how those are amplified during this time of unparalleled unknown amid covid 19. Engineered products are priced 20 to 50 below what you would pay for natural wood siding.

The timing is a little fuzzy but to my understanding lp stopped making inner seal siding around 1996 and they started making a similar and improved product called smartside starting around 2000. August 28 2018 lp smartside an engineered lap siding brand manufactured by lp building products was created from wood strands and then coated with a wax for moisture resistance and then bonded with resin and other materials offering the beauty of natural look but with more durability for a fraction of the cost. News stories7 min how lp building solutions is committed to you during covid 19.