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Environmental Hazards

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Term
Definition
show 1. Asbestos 2. Electro-magnetic Fields 3. Groundwater contamination 4. Lead poisoning 5.Radon 6. Underground storage tanks 7. Urea formaldehyde foam insulation 8. Carbon monoxide 9. Waste disposal sites  
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ASBESTOS   show
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show Building materials either begin to deteriorate to the point of flaking or crumbling or when the asbestos material are removed or altered through remodeling.  
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show Public controversy over safety. Studies show inconsistent and inconclusive results. Buyers will want to know about such potential concerns and may avoid buying in such areas.  
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show Result of the use or disposal into the soil of toxic wastes, fertilizers, pesticides, agricultural chemicals, hazardous industrial substances, and leaking underground storage tanks, municipal sewer systems and private septic systems.  
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LEAD POISONING 2 major concerns   show
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show A lead warning statement A statement allowing a prospective buyer 10 days to obtain a certified inspection or assessment of the property prior to be obligated to purchase the property.  
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Federal Law RESIDENTIAL LEAD-BASED PAINT HAZARD REDUCTION ACT Sell and real estate agents acting for seller…   show
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show Common radioactive gas that is disbursed from the natural decay of minerals in the earth such as uranium. Odorless, colorless, tasteless Radon contingency clause to the agreement of sale  
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show The process used to reduce or eliminate environmental hazards  
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UNDERGROUND STORAGE TANKS (UST)   show
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FORMALDEHYDE   show
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show Gas that is created from the burning of fuels. Odorless and colorless  
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show Waste disposal sites  
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UNITED STATES ENVIRONMENTAL PROTECTION AGENCY (EPA)   show
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show Pennsylvania agency for monitoring environment hazards  
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show PA law 1996 seller provide buyer a signed and dated disclosure statement. Any seller who intends to transfer an interest in residential real property shall disclose to the buyer all material defects to the property including environmental hazards.  
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show Seller knows about buy buyer does not  
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show A problem with the property or any portion of it that would have an sign I can’t adverse impact on the value of the residential real property or that involves and unreasonable risk to people on the land.  
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show Provide the seller with a copy of REAL ESTATE SELLER’S DISCLOSURE FORM  
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