Environmental
A Wisconsin real estate agent who suspects a property has an underground storage tank (UST) that was never registered or removed should recommend the buyer:
AAccept the property as is — old tanks are not dangerous
BConduct a Phase I ESA and potentially a Phase II investigation before completing the purchase✓ Correct
CRequire the seller to guarantee there are no USTs
DConsult only the listing broker about the issue
Explanation
An unregistered or abandoned UST is a significant environmental liability; the buyer should conduct an environmental site assessment to identify and evaluate the risk before purchasing.
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