Environmental
Maine requires disclosure of any known oil tank (UST or AST) on a property because:
AOil tanks increase property value and must be disclosed as assets
BLeaking oil tanks cause environmental contamination requiring expensive cleanup✓ Correct
CAll heating systems must be disclosed under Maine law
DInsurance companies require oil tank disclosure
Explanation
Oil tanks (both underground and aboveground) that leak can cause serious soil and groundwater contamination. Maine requires disclosure of known oil tanks and has specific programs for tank removal and cleanup funding.
Related Maine Environmental Questions
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- Under Maine's Oil Discharge Prevention and Pollution Control Act, who is responsible for underground storage tank cleanup on a purchased property?
- Maine's Natural Resources Protection Act (NRPA) requires a permit for most activities in, on, over, or near which resources?
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