Environmental
In Illinois, what is the primary regulatory concern with the presence of old fuel oil tanks (heating oil tanks) on residential properties?
AThey increase the property's fire insurance rates
BThey may have leaked, causing soil contamination that requires disclosure and potentially remediation✓ Correct
CThey are automatically required to be removed before sale
DThey violate current Illinois building codes and require immediate removal
Explanation
Abandoned underground or above-ground heating oil tanks are a common environmental concern on older Illinois properties. Over time, tanks can corrode and leak heating oil into the soil.
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