Home Buying in Clifton>Question Details

KGordon, Home Buyer in New Jersey

If a house has a tank in the ground who's responsibility is it to have it removed if Seller said they would?

Asked by KGordon, New Jersey Sat May 31, 2008

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Hi K, be sure it is agreed in writing that the tank will be removed by the seller by a certified removal firm that wil handle the tank removal properly and also test and certify that the soil around it are a-ok. Talk with your attorney on this point - it is important - so that the agreement is clear and you are protected in case there is an unexpected issue with the removal/tsoil testing.

My recommendation to buyers considering a home with an underground oil tank is that we definitely want to have the tank removal, soil testing, and installation of a new above ground tank (if oil remains your source of fuel) taken care of by the seller. Keep this monkey off your back.

Good luck to you!

Best,
Jeannie Feenick
Weichert Realtors
Cell 908-337-0943
http://www.feenick.com
Web Reference: http://www.feenick.com
0 votes Thank Flag Link Sun Jun 1, 2008
This is an issue that should be worked out in writing. If it needs to be dealt with, it has to be worked out in order for the house to be sold, so both sides need to come to agreement.

Not every tank needs to be removed, have a reputable company do an analysis, then you will have the facts to deal with the dituation.

Good Luck.
Sharon Kozinn
Web Reference: http://www.sharonkozinn.com
0 votes Thank Flag Link Sun Jun 1, 2008
NJ-State also offers grants to aid in this.
0 votes Thank Flag Link Sat May 31, 2008
That, like everything else, can be negotiated. Hopefully, you have the seller's statement agreeing to remove the tank in writing. Then there should be no problem. You simply won't close until it has been removed.
0 votes Thank Flag Link Sat May 31, 2008
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