Unit 20 - Environmental Issues and the Real Estate Transaction Flashcards
A fire-resistant mineral fiber used in a wide variety of building supplies prior to 1978; environmental health hazard, when friable, that can cause respiratory diseases and cancer.
asbestos
A colorless, odorless gas produced as a byproduct of inefficient burning of fuel such as gas, oil or wood; poor ventilation can lead to deadly concentration of
gas.
carbon monoxide
Established a fund of $9 billion to clean up uncontrolled hazardous waste sites and to respond to spills. Creates a process for identifying potentially responsible parties and orders them to take responsibility for cleanup action.
Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA)
Naturally occurring energy fields near power lines and electrical appliance thought to be linked with adverse health effect but research
is inconclusive
electromagnetic fields (EMFs)
Sealing off environmental hazards instead of removal
encapsulation
Water under the surface of the earth.
groundwater
A dry, crumbly condition often used to describe
old asbestos.
friable
An enormous burial hole for various types of waste disposal.
landfill
A federal law that requires sellers/landlords to disclose the known presence of lead-based paint in residential property to potential buyers/tenants via a required disclosure addendum to sales contracts or leases; delivery of a mandatory EPA pamphlet about lead poisoning is also required. Buyer/tenant is allowed a 10-day assessment period.
Lead-Based Paint Hazard Reduction Act
An elevated level of lead in the human body that can lead to serious damage to the brain, kidneys, nervous system, and red blood cells.
lead poisoning
Systems to limit the source of environmental hazards and reduce their effect on humans and the surrounding environment.
mitigation
Designed to protect, preserve, and give management guidelines in coastal areas of the state.
North Carolina Coastal Area Management Act (CAMA)
A property owner must obtain a permit from the Coastal Resources Commission before participating in any dredging or filling that may affect vegetation or aquatic conditions in NC waters or marshlands.
North Carolina Dredge and Fill Act
Regulates underground storage tanks discharge of any hazardous substance, including gas and oil.
North Carolina Leaking Petroleum Underground Storage Tank Cleanup Act
A state regulation that requires the sampling of lead dust by compensated technicians, and can include the renovation, repair, and painting projects that disturb lead-based paint in housing and child-occupied facilities built before 1978; technicians must be certified and must follow specific work practices to prevent lead contamination.
North Carolina Lead-Based Paint Hazard Management Program
