Environmental
In Tennessee, disclosure of a known environmental condition on a property is important because failure to disclose may expose the seller to:
AOnly TDEC administrative sanctions
BFraud, misrepresentation, and potential CERCLA joint and several liability claims✓ Correct
COnly a TREC license suspension
DNo consequences since environmental issues are buyer's problem post-closing
Explanation
Sellers who knowingly conceal environmental conditions may face fraud claims, civil liability for resulting damages, and potential CERCLA liability. Proper disclosure protects all parties.
Related Tennessee Environmental Questions
- In Tennessee, a real estate agent showing an older home should advise the buyer to test for lead-based paint if the home was built before:
- Mold growth in a property is primarily caused by:
- The Clean Air Act regulates air pollution in Tennessee through which mechanism?
- In Tennessee, which of the following best describes a 'monitored natural attenuation' (MNA) site?
- In Tennessee, 'polychlorinated biphenyls' (PCBs) are a concern primarily in:
- In Tennessee, properties with abandoned oil or gas wells on them may face:
- In Tennessee, the Tennessee Department of Environment and Conservation (TDEC) Division of Remediation oversees:
- In Tennessee, a 'toxic tort' claim in real estate occurs when:
Practice More Tennessee Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Tennessee Quiz →