Environmental
Missouri's Department of Natural Resources' 'Storage Tank Program' regulates underground and aboveground storage tanks because they:
AAffect property aesthetics
BCan leak petroleum or chemicals that contaminate soil and groundwater, creating costly liability✓ Correct
CAre primarily a tax collection mechanism
DAffect property zoning classification
Explanation
Missouri DNR's Storage Tank Program regulates USTs and ASTs to prevent and remediate releases of petroleum and hazardous substances. Tank releases are among the most common causes of soil and groundwater contamination affecting property value.
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Key Terms to Know
Zoning
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
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.
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