Environmental
A Wyoming seller is aware that their property is located within a mile of a former oil refinery site that the DEQ has under remediation. This is a:
ANon-issue since the site is under remediation
BMaterial fact that must be disclosed to potential buyers✓ Correct
CConfidential government information that cannot be shared
DOnly relevant to commercial buyers
Explanation
The proximity of a known contaminated site under remediation is a material fact that can significantly affect a buyer's decision and property value. Wyoming sellers and agents must disclose known material facts, including known environmental conditions in the vicinity.
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