Final answer:
Yes, lead-based paint is a material fact associated with environmental and health hazards, particularly for older homes where lead paint still exists under newer layers, potentially causing lead poisoning.
Step-by-step explanation:
Lead-based paint is indeed an environmental or health hazard that qualifies as a material fact. Exposure to lead through deteriorating lead-based paint, renovation dust, and other sources can lead to significant health issues, particularly in children. The U.S. government banned the use of lead-based paint in housing in 1978 due to these health concerns. However, many older homes still have layers of lead-based paint beneath more recent paint applications. When old paint peels and cracks, it releases lead dust, which can be inhaled or ingested, leading to poisoning. To prevent lead exposure, it's recommended to use lead-safe certified professionals for renovations, maintain regular cleaning of surfaces to eliminate dust, and ensure frequent hand-washing and a balanced diet for those living in at-risk environments.