Environmental
A NJ property's seller discloses that they had an underground oil tank removed 5 years ago. The most important follow-up inquiry for a buyer's agent would be to ask:
AThe age of the tank
BWhether there was any soil contamination at the time of removal and whether a No Further Action letter was issued by the NJ DEP✓ Correct
CThe brand of the tank
DWhether the seller's homeowners insurance covered the removal
Explanation
Tank removal without associated soil testing and DEP sign-off may leave latent contamination. The buyer's agent should verify that the removal was properly documented, soil testing was completed, and an NFA letter or equivalent clearance was obtained from the NJDEP.
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