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25 November 2015 AGE Project No. 15-3594 Page 22 of 26 Molds are usually not a problem indoors , unless mold spores land on a wet or damp spot and begin growing . Molds have the potential to cause health problems . Molds produce allergens (substances that can cause allergic reactions) , irritants , and in some cases , potentially toxic substances (mycotoxins) . At the time of the property reconnaissance , no mold was visible on the subject property. 7. 2 . ASBESTOS CONTAINING BUILDING MATERIALS Asbestos is a mineral fiber that has been used commonly in a variety of building construction materials for insulation and as a fire-retardant. Because of its fiber strength and heat resistant properties , asbestos has been used for a wide range of manufactured goods , mostly in building materials (roofing shingles, ceiling and floor tiles , paper products , and asbestos cement products) , friction products (automobile clutch , brake , and transmission parts) , heat-resistant fabrics , packaging , gaskets, and coatings . Prior to the late 1970s , building products and insulation materials commonly contained asbestos . In 1989 , the USEPA banned all new uses of asbestos ; however, uses developed before 1989 are still allowed . When asbestos-containing materials (ACM) are damaged or disturbed by repair, remodeling or demolition activities , microscopic fibers become airborne and can be inhaled into the lungs , where they can cause significant health problems . The subject property structure was constructed in approximately 1998 , making the presence of ACM unlikely. 7 . 3 . LEAD-BASED PAINT Lead is a toxic metal that was used for many years in products found in and around our homes . Lead-based paint (LBP) was used extensively in buildings constructed before 1950 . In 1978 , LBP was banned by the federal government. Lead may cause a range of health defects , from behavioral problems and learning disabilities, to seizures and death . The subject property structure was constructed in approximately 1998 , making the presence of LBP unlikely. 7 .4 . RADON Radon is a naturally occurring , colorless , odorless gas that is soluble in water. It is produced through the radioactive decay of uranium and radium , which is naturally present in soil and in minerals in bedrock. Radon is radioactive , which means that it Advanced GeoEnvironmental, Inc.