In Ground Oil Tank Nj
It is possible that the owner is aware of the oil tank and will disclose it to you as most real estate attorneys agree they should however it is also possible that the seller purchased the property unaware of an existing oil tank or is attempting to.
In ground oil tank nj. A sweep is always recommended for prospective home buyers. Please be aware that many companies have underwriting guidelines that may prohibit the writing of risks with oil tanks on the premises or based on the age of the tank. Purchasing a home with an underground oil tank is a significant risk. Once you make a 50 deposit we will embark on securing all the permits required to perform an underground tank removal and have any underground pipes or powerlines marked to avoid interfering with any of your utility services during digging.
That s because when these tanks are old they may begin to rupture or leak. After filling out the online quote request a field representative will contact you and schedule a. Leakage from underground oil tanks can contaminate the groundwater as well as the land. It is up to the buyer to negotiate this process properly.
Call 973 500 5800 for oil tank removal services in nj we are one of northern new jersey s largest above ground and underground oil tank removal resources in addition oil tank removal nj law requires oil tank removal companies to be licensed with the nj department of environmental protection. Oil tank sweep nj llc performs a majority of its oil tank sweeps for individuals involved in the sale of a home or property. Over the last 40 years those leaks from buried oil tanks have caused damage to the environment. 3 although an underground oil tank ust poses a serious environmental threat and financial liability homeowners with one on the premises are not obligated by law to remove it before selling.
When it comes to the presence of an underground oil tank you can t necessarily be sure of it when purchasing real estate in new jersey. Getting an oil tank removed in nj.