Wed. 12 Jun, 2024

Tank Sweep Due Diligence

Wed. 12 Jun, 2024 10:00 am - 12:00 pm
Wednesday, June 12, 2024 10:00 AM - 12:00 PM
Presented By: NEXUS Association of REALTORS®
Product Type: Live, Classroom
Continuing Education Credit:
  • New Jersey Real Estate: 2 Elective Credits (C20204155)
Instructor: David Sulock
Product Notes

This class provides an overview offering attendees a foundation of knowledge and insight into Oil Tanks, Aboveground and Underground, in real estate transactions. The class details what a tank scan is and what type of technology should be used during the scan. It goes into detail when a tank scan should take place during the real estate transaction. Underground and Aboveground oil tanks can delay transactions and at times derail the deal. Real estate transactions have a very stringent timeline, environmental pushes these timelines to the limit. At the end of the class participants will understand how to navigate oil tank environmental situations and manage the expectations of both the buyer and the seller.

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