Environmental
A buyer of a Kentucky property with an underground storage tank should be aware that:
AUSTs automatically transfer with the property without any obligations
BThey may become responsible for cleanup costs if the UST is leaking✓ Correct
CUSTs increase property value due to stored fuel
DKREC regulates UST disclosures
Explanation
A buyer who purchases property with a leaking UST may become a responsible party under state and federal environmental law for cleanup costs, making pre-purchase environmental investigation critical.
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