Environmental

A seller in Alabama is aware that the property has a history of underground fuel storage. What is the best course of action?

ANot disclose it if no current contamination is visible
BDisclose the history to buyers and recommend an environmental assessment✓ Correct
CRemove the tanks without testing
DList the property as-is without disclosing

Explanation

Known underground storage tank history is a material fact that must be disclosed to buyers. An environmental assessment (Phase II) may be needed to determine if contamination exists.

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