Under New York environmental disclosure requirements, real estate agents must disclose all of the following environmental conditions EXCEPT:
Correct Answer
D) Radon levels that exceed EPA action guidelines based on recent testing
While radon disclosure is recommended and may be required in some states, New York does not have a specific statutory requirement for real estate agents to disclose radon levels. However, agents should still inform buyers about the importance of radon testing and may choose to disclose known high levels as a material fact.
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Previous Question
A New York real estate agent represents a buyer interested in a property near the Gowanus Canal in Brooklyn, which is designated as a federal Superfund site. The target property is not within the Superfund site boundaries but is located 200 feet away. What should the agent advise the buyer?
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A New York seller's property has a heating oil tank in the basement that was installed in 1995 and is still in active use. The seller has maintained the tank and it shows no signs of leakage. What disclosure obligations exist regarding this tank?