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Practice Of Real EstateEnvironmentalHARD

When listing a property near a Kentucky Superfund site, the agent should:

Correct Answer

B) Disclose the proximity as a material fact and recommend buyers research EPA records

Proximity to a known Superfund site is a material fact that must be disclosed. Kentucky has several Superfund sites, including those related to former industrial and chemical operations. Agents should direct buyers to EPA resources for detailed information.

Answer Options
A
Not mention it unless asked
B
Disclose the proximity as a material fact and recommend buyers research EPA records
C
Wait for the buyer's agent to discover it
D
Guarantee the site poses no risk

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Related Topics & Key Terms

Related Topics:

material facts disclosureCERCLA/Superfundenvironmental hazardsagency dutiesbuyer due diligenceEPA National Priorities List

Key Terms:

SuperfundCERCLAmaterial factenvironmental disclosureEPAagency duty

Related Concepts

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FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.

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