Unit 21: Environmental Issues and the Real Estate Transaction

Question 1

The fire-resistant mineral that was once used extensively as insulation and to strengthen other materials

Answer 1

Asbestos- known to create airborne contaminants that may result in respiratory diseases

Question 2

This substance was used as a pigment and drying agent in oil-based paints that is now prohibited

Answer 2

Lead- since 1978 banned

Question 3

In 1996, the EPA and HUD issued final regulations under this act requiring disclosure of the presence of any known lead-based paint hazard to potential buyers or renters

Answer 3

Lead-Based Paint Hazard Reduction Act (LBPHRA)

Question 4

The pamphlet “Protect your family from lead in your home” must be provided to buyers lessees by the:

Answer 4

Real estate professionals- pamphlet was created by EPA and HUD and the consumer product safety commission

Question 5

This is the naturally occurring, colorless, odorless, tasteless, radioactive gas produced by the decay of other radioactive substances

Answer 5

Radon- cause lung cancer

Question 6

A colorless chemical with a strong pronounced odor used widely in the manufacture of building materials and household products because of its preservative characteristics

Answer 6

Formaldehyde- probable human carcinagen

Question 7

A by -product of burning fuels such as wood, oil, and natural gas and is colorless, odorless, and tasteless gas

Answer 7

Carbon monoxide

Question 8

This can be found almost anywhere and can grow on almost any organic substance, as long as moisture, oxygen and an organic food source are present

Answer 8

Mold

Question 9

If a resident has an underground storage tank on their property, they are required to show it is not leaking and contaminating the ground by getting one of these

Answer 9

21 E Certificate

Question 10

These are abandoned commercial or industrial sites many of which may contain toxic waste

Answer 10

Brownfields