cmetzjr

cmetzjr t1_j4j2ine wrote

>don’t think it can be sold with an underground oil tank

It can be in theory. But the mortgage and/or insurance companies might limit options.

>removal and remediation must be done and documented by a certified company

Removal by a certified company. Remediation only if it leaked, in which case you'll need a NFA from DEP.

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cmetzjr t1_j4iwbus wrote

I did residential tank cleanups for years. I agree with everyone who said to have the seller pull it. Even if there's a letter saying it was tested or filled with sand. I've pulled a lot of "clean" tanks that had clearly leaked for a long time.

Getting financing probably won't be a problem, getting insurance might not be either. The problem is the basis of environmental law: if you own it, you're responsible, even if you didn't spill it.

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