# INVESTMENT PROPERTIES LLC
> **Administrative - Formal** · FY2018 · — · —
## Case
- **Activity ID:** `3601338891`
- **Case Number:** 01-2018-0002
- **Type:** Administrative - Formal
- **Lead:** EPA
- **Outcome:** —
- **Penalty assessed:** —
- **Cost recovery:** —
- **Compliance action $:** —
- **Multimedia (multi-env):** —
## Defendants
- Investment Properties LLC (complaint) (settlement)
## Summary

On August 13, 2019, the Environmental Appeals Board ordered the company to pay a penalty of $78,888.

On February 7, 2018, Region 1 issued an Administrative Complaint alleging that Investment Properties LLC (Respondent) failed to comply with lead-based paint disclosure requirements of TSCA's 1018  Disclosure Rule . The Disclosure Rule ensures that purchasers and renters of housing built before 1978 receive the information necessary to protect themselves an their families from lead-based paint hazards. Respondent owns or owned nine buildings containing a total of 55 units of target housing. The Complaint alleges 20 violation of the Disclosure Rule requirements at nine residential units owned by Respondent and proposes a penalty of $82,896.  The State of Maine is supportive of this action.

---
*Source: [EPA ECHO](https://echo.epa.gov/) · AI Analytics · CC0 1.0*