Environmental

What is the primary concern with underground storage tanks (USTs) in real estate?

AThey reduce property value due to aesthetics
BLeaking USTs can contaminate soil and groundwater with hazardous substances✓ Correct
CThey require special permits to remove
DThey are difficult to insure

Explanation

Underground storage tanks (USTs), commonly found at gas stations and older commercial properties, pose a significant environmental risk if they leak. Contamination from USTs can require expensive remediation and create substantial liability for property owners.

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