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Updated over 5 years ago on . Most recent reply

User Stats

72
Posts
19
Votes
Doron Rice
  • Closter, NJ
19
Votes |
72
Posts

seller removed Underground oil tank. do i need a ceftificate?

Doron Rice
  • Closter, NJ
Posted

I am going to put an aggressive offer on a REO property I really like for a flip. the Bank disclosed that there was an underground oil tank that was recently removed. Do I need to ask for a clearance certificate before closing or once I bought a property without an underground oil tank it isn't my responsibility (the seller obtaining the responsibility, even after the transfer of title)? This is an as is deal in NJ. Thanks!

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