Real Estate Brokers
SREC is a turnkey environmental contractor that provides
all the services necessary to remove or decommission an UST. Our
services include vacuuming tank contents, cleaning, filling, removal,
and disposal.
What Realtors need to know to better educate
their customers on Underground Storage Tanks (UST).
Like many real
estate agents you may have a feeling of uneasiness upon learning
there is an underground storage tank on the property
your client is contracted to purchase or to sell. It is an understandable
concern, but a very manageable situation that is easy to handle.
It is imperative that the agent be proactive in rectifying the
tank issue especially if there is a possibility of contamination.
AGENT
REPRESENTING A BUYER:
Educate your buyer about oil tanks and contamination
so they can make intelligent decisions to limit liability and potentially
the
loss of their “dream” home.
If the property owner can
not prove that the home has always used a heating source other
than oil, it is strongly recommended the
property be inspected to determine if there is an underground
storage tank, or any signs of one that may have existed. To investigate
further, contact the town or city and inquire if a tank was ever
removed and inspected. Contracting SREC to perform a tank location
test will address any tank concerns in the beginning stages. It
is highly recommended to check the New
Jersey Department of Environmental Protection (NJDEP) website to see if a release was
ever reported and if so, to see if the case was closed.
If a UST is found, the buyer should require the
property owner to remove their oil tank. SREC is highly qualified
in removing
heating oil tanks. We ensure that the tank closure is done according
to the NJDEP regulations, and provide comprehensive documentation
evidencing proper closure.
If contamination was discovered during
the tank removal, insist that the current property owner immediately
start the clean up
process by first reporting it to the NJDEP. SREC can assist the
seller in reporting their release to the NJDEP. Immediately establishing
a case number will help to minimize your liability.
If there was
a tank on the property and was removed, you must request from
the current owner a tank certification evidencing that the
tank was removed or abandoned properly according to the NJDEP
regulations. If it was determined that the tank was leaking request
from the
seller documentation evidencing that the clean up was completed
as outlined in NJAC
7:26E,
Technical Requirements for Site Investigation/Remediation, and
properly closed.
AGENT REPRESENTING A SELLER:
We recommend you encourage
your client to follow these steps so not to jeopardize the loss
of the sale of their home.
Unless your
client is 100% sure that there is no UST on their property, SREC
recommends we conduct a tank search on your clients property
to confirm there is no buried UST. In our experience, even though
there is no visible indication of a UST presence below ground
some tanks have been found.
If it has been determined that there is
a tank on the property it is best to have the tank removed. Don’t
wait…let
SREC help you get the process started sooner rather than later.
Upon
removing the tank it has been determined that the tank has leaked
soil samples must be extracted to determine the level of
contamination. If the soil test confirms a level of contamination
that exceeds the NJDEP clean up criteria, it is strongly recommended
that the contaminated area be cleaned up immediately. SREC’s
knowledgeable representatives can discuss the appropriate actions
to clean up the contamination. We have a highly qualified staff
that will work diligently to execute a comprehensive plan for soil
remediation in a timely, cost effective manner.
Once the UST has
been removed, regardless of whether the tank leaked or never
leaked, make sure your client receives proper documentation
from the contractor evidencing the work was completed as per
the NJDEP regulations. SREC provides a comprehensive UST certification
booklet when a tank is removed or abandoned, or a Remedial Action
Report if the property required clean up.
Ask our sales representative
if your client is eligible for government funding to pay for
the clean up costs.
Did you know? Underground storage tanks average about 20 years
before corrosion makes them prone to leaking.
Helpful tips to aide you in better educating your clients about
underground storage tanks.
UST Locating Tips:
Following the fuel lines from the house –visible
small copper tubing running along a wall to the furnace
Old vent piping — usually
found outside of the house. Vents are normally made of 1 1⁄2
to 2 –inch galvanized piping
and in many cases has a cap that looks like a mushroom on the top
of the piping. The piping can be 2 to 12 feet tall.
Fill piping — normally
directly over the top of an UST. In most cases, the fill pipe
will have a special cap that requires
a tool for its removal.
Abandoned piping — many
structures that have changed their source of heat may leave behind
abandoned
piping. If abandoned
lines run out through a wall there is a good possibility that
there is an UST on the other side.
UST leaking tips: If the furnace seems to be using more fuel than
usual. However, keep in mind other factors that may increase
more than usual fuel
usage such as odd weather or furnace impairments.
Stick the tank
using a water reactive paste on the stick to determine if there
is water in the tank. A small amount of water is normal.
However, if it is determined that several inches of water is
getting into the tank most likely through a small hole, it is likely
to
assume that oil is leaking out through the very same hole.
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