A NC property owner who discovers oil contamination from an old underground storage tank on their property should first:
Why Report the release to NCDEQ and begin remediation procedures Is Correct
Answer B: Report the release to NCDEQ and begin remediation procedures
Exam Tip: Environmental
Environmental questions test knowledge of hazards like asbestos, lead-based paint, radon, and mold. Know the disclosure requirements and when a professional inspection is required. CERCLA liability is strict, joint, and several.
People Also Study
Related North Carolina Questions
- A NC buyer discovers the property has an underground storage tank (UST) that was previously used for heating oil. The buyer should:Environmental
- Underground storage tanks (USTs) containing petroleum products are regulated in NC primarily to prevent:Environmental
- A NC property manager who discovers their client (property owner) has been allowing unauthorized occupants (squatters) to live in a vacant building should:Property Management
- A NC property owner who discovers pipes in their pre-1986 home may contain lead solder should be aware that:Environmental
- A NC property manager who discovers the owner has been collecting rents directly and not reporting income may have concerns about:Property Management
- Under CERCLA (Superfund), which party bears the LEAST liability for cleanup costs if contamination is discovered on a property?Environmental
Key Terms to Know
A contractual right giving a party the opportunity to match any offer received before the owner can accept it from a third party.
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
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.
Study This Topic
Practice More North Carolina Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free North Carolina Quiz →