Environmental

In South Dakota, which of the following is TRUE about the seller's duty to disclose the presence of a petroleum underground storage tank (UST)?

AUSTs are not required to be disclosed as they are common in rural areas
BKnown USTs on the property are a material fact that must be disclosed to buyers✓ Correct
COnly USTs that have leaked must be disclosed
DDisclosure is only required if the property is in a wellhead protection area

Explanation

Underground storage tanks (USTs) for petroleum products are a significant environmental concern due to the risk of leaks contaminating soil and groundwater. Known USTs on a property are a material fact that must be disclosed to buyers in a real estate transaction.

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