NCh6 Property Conditions And Environmental Issues Flashcards
Where is lead found?
Paint pipes and soil
What is required of all properties built before 1978 regarding lead?
A lead based paint disclosure
Within how many days of the effective date of the contract does a buyer have the right to have the property inspected for lead?
Within 10 days
Within how many days of the effective date does the buyer have the right to terminate the contract due to the results of that inspection by providing written notice to the seller?
Within 14 days
Is there a duty to remediate lead?
No
Does the lead-based paint disclosure allow buyers to also waive their right to let inspection?
Yes
How long must the seller keep a record or a copy of the lead-based paint disclosure for?
At least three years from the sale date
What type of establishments, when the improperly constructed can lead to groundwater contamination?
Landfills or waste disposal sites
What should you recommend to your client if you believe they face contamination from a landfill or waste disposal site?
Water testing
What type of facilities that are old, rusty or leaking can cause ground contamination?
Underground storage fuel tanks
What should you recommend to your client? If you believe they may face contamination from an underground storage fuel tank?
Recommend water testing
Which should you recommend to your client if you believe they may be affected by farming, herbicides, or pesticides
Water testing
What type of insulating material is friable or easily, crumbled?
Asbestos
What would you recommend to your client regarding asbestos on their property?
An asbestos abatement plan that might include removal encapsulation, and or enclosure, or sealing the area
What is the naturally occurring colorless and odorless gas produced by the decay of radioactive materials in a rocks underground and usually entering homes through the foundation called
Radon