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Mandated DisclosuresEnvironmental DisclosureMEDIUM

In West Virginia, environmental issues such as underground storage tanks must be disclosed because they:

Correct Answer

B) May contaminate soil and groundwater, affecting property value and health

Underground storage tanks may leak and contaminate soil and groundwater, posing health risks and significant cleanup costs. This is a material environmental condition that must be disclosed in West Virginia real estate transactions.

Answer Options
A
Increase property value
B
May contaminate soil and groundwater, affecting property value and health
C
Are only relevant for commercial properties
D
Have no impact on residential properties

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Related Topics & Key Terms

Related Topics:

environmental-hazardssoil-contaminationremediation-costs

Key Terms:

USTcontaminationsoilgroundwaterdisclosure
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