Environmental
In New York, a property owner who finds asbestos-containing materials in their building must:
AImmediately remove all ACMs at their own expense
BAssess the condition of the ACMs; if they are non-friable and in good condition, they may be managed in place, but if friable or damaged, removal or encapsulation may be required under NY regulations✓ Correct
COnly disclose the asbestos to the next buyer; no action is required by current owners
DRemove all ACMs only if selling to a residential buyer
Explanation
New York law (and EPA guidelines) does not require immediate removal of all asbestos. Non-friable ACMs in good condition may often be managed in place through an operations and maintenance (O&M) program.
Related New York Environmental Questions
- A New York home built before 1978 must include what disclosure under federal law before sale or lease?
- Under New York law, an 'underground storage tank' (UST) containing petroleum products on a residential property must be disclosed:
- Under CERCLA (the Superfund law), which New York parties may be held liable for cleanup costs at a contaminated site?
- Radon gas in a New York home enters primarily through:
- CERCLA (Superfund) is a federal law that:
- Which of the following is TRUE about mold disclosure in New York residential transactions?
- A real estate agent is asked about a nearby Superfund site by a potential buyer. The agent should:
- Asbestos in a residential property poses the greatest health risk when:
Practice More New York Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free New York Quiz →