Environmental
In Alaska, properties located near military installations may have contamination from which specific substances?
ALead paint and asbestos only
BPer- and polyfluoroalkyl substances (PFAS) from firefighting foam used at airfields✓ Correct
CPCBs from electrical equipment only
DRadon from underground nuclear testing
Explanation
PFAS (per- and polyfluoroalkyl substances, including PFOS and PFOA) from Aqueous Film Forming Foam (AFFF) used in aircraft firefighting are a major contamination concern at military airfields in Alaska and around the country. PFAS can contaminate groundwater and represent a significant real estate liability.
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Key Terms to Know
Comparable Sales (Comps)
Recently sold properties similar in size, condition, and location used by appraisers and agents to estimate a property's market value.
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
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