Environmental
Underground storage tanks (USTs) on a Hawaii property are a concern because they can cause:
AA. Increased property value from stored fuel reserves
BB. Soil and groundwater contamination requiring costly cleanup✓ Correct
CC. Increased homeowner's insurance premiums only
DD. Zoning reclassification to industrial use
Explanation
Leaking underground storage tanks can contaminate soil and groundwater, creating significant liability and expensive remediation costs for property owners.
People Also Study
Related Hawaii Questions
- Which of the following is a disclosure requirement specific to Hawaii residential properties built before 1978?Environmental
- Hawaii's high humidity can lead to which structural problem that sellers must disclose?Environmental
- What is 'underground storage tank' (UST) liability in Hawaii and why does it affect property buyers?Environmental
- A Hawaii listing agent represents a seller and a buyer's agent represents the buyer. The listing agent learns the property has underground oil tanks that the seller did not disclose. What should the listing agent do?Agency
- In Hawaii, the presence of 'PFAS' chemicals near military bases is a significant environmental disclosure concern because:Environmental
- Vog (volcanic smog) is an environmental concern in Hawaii primarily affecting which island?Environmental
- In Hawaii, the presence of cesspools on a property is a concern because:Environmental
- A Hawaii property's proximity to a dry-cleaning facility is a concern because dry cleaners historically used:Environmental
Key Terms to Know
Zoning
Local 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.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
Study This Topic
Practice More Hawaii Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Hawaii Quiz →