In real estate today, several environmental
issues are the concerns of potential investors,
developers, lenders, and homeowners. A lack of
understanding can be intimidating and
frightening, and may result in substantial risk
to many different parties. Below are
explanations of predominating environmental
issues, and links to organizations that can
provide you with the information you need to
make healthy, confident decisions in your real
estate transactions.
Radon is a naturally occurring, odorless, colorless gas
which is generated from the natural radioactive decay of
radium and uranium. The uranium concentration of
underlying geologic materials is a fundamental variable
that determines the rate of underground radon
production.
Geologic materials that contain greater amounts of
uranium, such as granite and shales, produce greater
amounts of radon. The most harmful effect of long term
exposure to radon gas is lung cancer.