Buried Oil Tanks Nj

The new jersey department of environmental protection njdep has proposed new rules regarding underground heating oil tanks.

Buried oil tanks nj.

That s because when these tanks are old they may begin to rupture or leak. Over the last 40 years those leaks from buried oil tanks have caused damage to the environment. It is possible that the owner is aware of the oil tank and will disclose it to you as most real estate attorneys agree they should however it is also possible that the seller purchased the property unaware of an existing oil tank or is attempting to. Many homebuyers refuse to purchase homes with buried oil tanks until those tanks are removed.

Environmental concerns defects inspection. When it comes to the presence of an underground oil tank you can t necessarily be sure of it when purchasing real estate in new jersey. This article explains residential and light commercial buried oil tanks or other buried heating fuel tanks. In some cases a residential mortgage lender may make a residential buried oil tank s removal a.

Buried oil storage tank ust advice for building owners buyers. The state of new jersey considers underground oil tanks a problem. Basic advice for home buyers and home owners where a buried oil tank is or was installed. Have an oil tank sweep performed to clear your property.

Leakage from underground oil tanks can contaminate the groundwater as well as the land.