Environmental
In Alaska, a real estate licensee who lists a property with known underground storage tanks (USTs) on the property should:
ARemove the tanks before listing to avoid disclosure issues
BDisclose the existence of the tanks as a known material fact✓ Correct
CList the property without disclosure since USTs are common in rural Alaska
DRefer the matter to the Alaska Real Estate Commission before listing
Explanation
Underground storage tanks are a known material fact that must be disclosed. Leaking USTs can contaminate soil and groundwater, creating significant environmental liability. Licensees must disclose known environmental hazards affecting property value or use.
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