Environmental
When a South Dakota seller knows their property has had a buried oil tank removed but soil contamination is suspected, they should:
AComplete the sale and hope the buyer doesn't discover the issue
BDisclose the known tank removal and suspected contamination to buyers✓ Correct
COnly disclose if the contamination has been formally tested and confirmed
DWait for the contamination to dissipate naturally before selling
Explanation
Known past contamination concerns are material facts that must be disclosed. Sellers must disclose known material defects including past UST removal and suspected soil contamination.
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