Environmental

Underground storage tanks (USTs) containing petroleum products are a concern in Colorado because they may:

AIncrease property value as they provide heating fuel storage
BContaminate groundwater and soil, creating environmental liability for current property owners✓ Correct
CQualify the property for agricultural tax exemptions
DBe legally transferred with the property without disclosure

Explanation

Leaking USTs can contaminate soil and groundwater, creating significant environmental liability. CERCLA and Colorado law may hold current property owners liable for cleanup costs even if they did not cause the contamination.

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