Underground heating oil tanks can pose many potential problems to both home buyers and sellers. They have been the source of many environmental problems such as contamination of surrounding soil and ground water.
Leaks are generally caused by the rust inside underground tanks or by an electrical condition sparked by electric utility lines.
Buyers should always have the tank inspected to make sure that it is structurally sound. Buyers who do not want an underground fuel tank can arrange for an above ground tank to be installed in the basement and the underground tank to be shut off. Cleanup of any leaks will also have to be taken care of.
For buyers, the underground heating oil tank should be written in the sales contract. For sellers, your lawyer should make sure that the description and condition of the underground heating oil tank is accurate and up-to-date.
Thank you for visiting "Rita The Realtor". If this is your first visit to my website, please take your time and look around. I have plenty of real time data available to you. I would love to hear from you and show you any particular properties which may have piqued your interest!
Rita A. Craig
CalDRE #00998767
Broker Associate
Windermere Real Estate
CalDRE #02018113
73-725 El Paseo Dr., Suite 23-A
Palm Desert, CA 92260
Mobile: 760.861.3939
Fax: 877.677.3712 RitaTheRealtor@Verizon.net
Quick Search
Contact Us
Thank you for visiting "Rita The Realtor". If this is your first visit to my website, please take your time and look around. I have plenty of real time data available to you. I would love to hear from you and show you any particular properties which may have piqued your interest!