Environmental
A NC broker listing a property that may have had a buried oil tank should recommend the seller:
ADisclose the potential issue and have the site investigated before closing✓ Correct
BNot disclose it unless the buyer specifically asks
CSimply lower the price to compensate
DRequire the buyer to conduct all environmental testing at their own risk
Explanation
A buried oil tank is a potential material defect and environmental liability. The seller should disclose any known or suspected tank and investigate, both to comply with NC disclosure requirements and to avoid future liability.
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