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Underground Heating Oil Tanks

Underground heating oil tanks can pose many potential problems to both home buyers and sellers. They have been the source of many environmental problems such as contamination of surrounding soil and ground water.

Leaks are generally caused by the rust inside underground tanks or by an electrical condition sparked by electric utility lines.

Buyers should always have the tank inspected to make sure that it is structurally sound. Buyers who do not want an underground fuel tank can arrange for an above ground tank to be installed in the basement and the underground tank to be shut off. Cleanup of any leaks will also have to be taken care of.

For buyers, the underground heating oil tank should be written in the sales contract. For sellers, your lawyer should make sure that the description and condition of the underground heating oil tank is accurate and up-to-date.

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Nick Choukalos
Prince of Peace Realty
Phone: 701-220-6121 701-223-6509
Email: choukalos@msn.com

Testimonials

When we moved to Bismarck, we were unsure of how it would work out. Nick made it so easy and we recommend him to anyone we talk to. Bob and Lynn
My kids were so nervous when we started the home selling and buying process but Nick made it so comfortable for all of us. He is very good at what he does and you can tell that he cares about people in a genuine way. Carol and kids
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