Environmental
An underground storage tank (UST) on a Vermont property that has leaked petroleum products creates:
ANo concern unless the leak is visible at the surface
BPotential liability for environmental cleanup that can affect property value and marketability✓ Correct
CAn Act 250 permit requirement regardless of property location
DAn automatic reduction in property tax assessment
Explanation
Leaking underground storage tanks can contaminate soil and groundwater, creating significant environmental liability. In Vermont, cleanup costs and regulatory requirements can substantially affect a property's value, title, and ability to be sold.
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