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Updated over 9 years ago on . Most recent reply

Paige Clarke's profile image
Paige Clarke's profile image
Paige Clarke
  • from Harrison , New Jersey
  • Member since Jun 24, 2015
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Paige Clarke's profile image
Paige Clarke's profile image
Paige Clarke
  • from Harrison , New Jersey
  • Member since Jun 24, 2015
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Paige Clarke
  • Harrison , NJ
23
Votes |
33
Posts
Real Estate Deal Analysis & Advice

Empty Oil Tank on Property- Meaning?

Paige Clarke
  • Harrison , NJ
Posted

Hi BP,

I am looking at a property that has an empty oil tank. What does that mean? Am I obligated to do anything in the sense of removal? I know I need to disclose this information if I were to sell, anything else to be aware of?

Risks? 

Costs? 

Thank you! 

Paige 

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Chris Field's profile image
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Chris Field
  • Investor
  • from Milford, Connecticut
  • Member since Jul 28, 2015
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Chris Field's profile image
Chris Field's profile image
Chris Field
  • Investor
  • from Milford, Connecticut
  • Member since Jul 28, 2015
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Chris Field
  • Investor
  • Milford, CT
69
Votes |
200
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Chris Field
  • Investor
  • Milford, CT
Replied

*cough* it never had an oil tank *cough*

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