Environmental
What is 'vapor intrusion' and why is it a growing concern in Illinois real estate?
AAir infiltration through cracks in the building envelope; an energy efficiency issue
BThe migration of volatile chemicals from contaminated soil or groundwater into buildings through foundations, posing indoor air quality risks✓ Correct
CSteam and moisture from the ground affecting basement foundations
DA radon testing method used in Illinois new construction
Explanation
Vapor intrusion occurs when volatile contaminants (TCE, PCE, petroleum products) in soil or groundwater evaporate and migrate through the ground into buildings. Occupants may be exposed to toxic vapors through cracks in foundations or utility penetrations.
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Key Terms to Know
Net Operating Income (NOI)
The annual income generated by an income-producing property after subtracting operating expenses, but before debt service.
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.
Math Concepts
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