Environmental
Naturally occurring radioactive material (NORM) associated with oil and gas production in North Dakota's Bakken region poses what type of concern for property buyers?
AStructural damage to buildings
BRadioactive waste disposal and potential contamination of equipment, pipes, and well sites✓ Correct
CReduced property taxes only
DElectromagnetic interference
Explanation
NORM is a byproduct of oil and gas production. Radioactive scale can accumulate in pipes and equipment.
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Key Terms to Know
Zoning
Local 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.
Adverse PossessionA doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.
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