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Monday, June 18, 2018  

Environmental Concerns

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.


Mainstream Environmental Concerns

Asbestos Electromagnetic Fields Lead-based Paint Mold (Black Mold) Methyl Tertia-Butyl Ether Polychlorinated Biphenyls Radon Gas Underground Storage Tanks

Underground Storage Tanks

Generally, an underground storage tank (UST) is a single tank or system of tanks that has at least 10 percent of its volume below the surface of the ground.

Common threats from UST's include escaped vapors and fumes that can gather in basements, parking garages, vaults, and other confined spaces. Seepage can also occur, contaminating groundwater and drinking supplies. The exact nature of harmful effects can vary with the type and intensity of materials stored.

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