Environmental
A Texas property with a buried underground oil storage tank that has been removed should:
ABe sold as-is with no disclosure needed
BHave confirmation from TCEQ or a licensed assessor that cleanup is complete or site is closed✓ Correct
COnly require disclosure if the tank leaked
DBe automatically remediated by TCEQ at no cost
Explanation
Properties with previously removed underground storage tanks may have residual contamination. Buyers should obtain documentation of proper tank removal and any required remediation, and ideally a TCEQ site closure letter indicating the site meets cleanup standards.
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