Environmental
Underground storage tanks (USTs) on Nebraska commercial or agricultural property are regulated by:
AThe Nebraska Real Estate Commission
BThe Nebraska Department of Environment and Energy (NDEE)✓ Correct
CThe U.S. Army Corps of Engineers
DThe Nebraska Department of Agriculture only
Explanation
The NDEE regulates underground storage tanks in Nebraska, including registration requirements, leak detection, and cleanup obligations for petroleum and hazardous substance leaks.
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Key Terms to Know
Adjustable-Rate Mortgage (ARM)
A mortgage with an interest rate that changes periodically based on a financial index, usually after an initial fixed-rate period.
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.
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