Chapter 3 - Environmental Issues in Real Estate Flashcards
One method of sealing off disintegrating asbestos is called
encapsulation
Which of the following is the MOST obvious risk from a hazardous substance to the purchaser or occupant of a property?
- Financial Risk
- Cost of abating the hazard compared to the value of the property.
- Personal Injury
- Devaluation of Property
- Personal Injury
Which of the following is NOT true about asbestos?
- It was commonly used as insulation
- Removal can cause further contamination of a building
- The Department of Housing and Urban Development (HUD) requires all asbestos-containing materials to be removed from the residential buildings
- It is most dangerous when it is airborne.
-The Department of Housing and Urban Development (HUD) requires all asbestos-containing materials to be removed from the residential buildings
The MOST common source of lead poisoning found in residential property is
-alkyd oil-based paint
In regulations regarding lead-based paints, HUD requires that
-known paint hazards be disclosed.
What environmental hazard is found in old air conditioners, refrigerators, and freezers?
-Chlorofluorocarbons
At what level of radon, if any, does the Envronmental Protection Agency (EPA) suggest that action be taken?
4pCi/L
What environmental hazard is often fatal?
Carbon Monoxide
Contamination by underground storage tank is
regulated by the Environmental Protection Agency (EPA)
Electromagnetic fields …
are suspected of causing cancer and other health problems.
Which of the following is NOT true about underground water contamination?
- It is not a major problem in the United States
- Any contamination can threaten the supply of pure, clean water for private wells and public water systems.
- Protective state and federal laws concerning water supply have been enacted.
- Real estate licensees need to be aware of potential contamination
-It is not a major problem in the United States
Which of the following is included in the regulations of the Superfund, which was established to clean up uncontrolled hazardous-waste-sites?
- Exemptions to responsibility for neighboring properties
- Release of liability for owners who were not responsible for contamination
- No provisions for recovery reimbursement for cleanup costs
- Provisions for retroactive liability
-Provisions for retroactive liability
What environmental hazard is particularly dangerous for children younger than six?
Lead-Based Paint
The process of laying two to four feet of soil over the top of a waste disposal site and then planting grass to prevent erosion is called
capping
What is stigmatized property suspected of containing toxic waste called?
Brownfield
