Mold – Statement:
Although mold has been a topic of concern in the real estate industry, as people become more educated about the effects of mold, they are making more rational decisions about its effects and how to remediate mold in real estate. Daily maintenance, good air circulation and adequate ventilation are critical elements in a comprehensive mold prevention plan.
Some molds can cause allergic reactions in some people and may cause severe reactions in individuals with compromised immune systems. Potentially, all molds may be pathogenic to humans but very few cause problems in healthy individuals. There is no established relationship between amount of exposure and possible harmful effects, and no established safe level of exposure.
Control of moisture at the source and controlled ventilation are two ways to prevent mold growth. Exhaust fans and other systems of controlled ventilation can help to control and limit mold damage. Mold does not appear to grow at temperatures below 40 degrees Fahrenheit or above 100 degrees.
Mold becomes a problem when it grows and spores become airborne. It also can be a problem when contaminated materials are removed or disposed of improperly, spreading spores that may start new colonies. Homebuyers need to be aware that home inspections do not necessarily include an environmental assessment.
A number of insurance companies have either eliminated mold coverage or offered special coverage. Insurance companies are beginning to incorporate mold coverage into their existing policies.
While the Centers for Disease Control and the U.S. Environmental Protection Agency both have advised that mold can have some negative health effects, these effects are not so serious as sometimes believed. The National Academy of Sciences is conducting an ongoing review of the scientific literature to determine what gaps there are in existing research and what additional research needs to be done in this area. After their report is released, NAR expects to issue a response, in conjunction with other housing organizations. Updated: 4/7/2004 Source: www.Realtor.org
Mold Brochures for Consumers
- Mold & Moisture Booklet by the EPA (now in PDF format at no cost!)