Long Island’s real estate market has a higher concentration of environmental concerns than most markets in the country. Agents who don’t understand them put their clients — and themselves — at risk.
Underground Oil Storage Tanks
Still present on thousands of Long Island properties. A leaking tank means environmental remediation that can run six figures. Agents need to know how to identify the signs, what disclosure obligations exist, and when to recommend a tank sweep.
Lead Paint and Asbestos
Federal law requires disclosure of known lead paint hazards in pre-1978 homes. Agents must provide the EPA lead paint disclosure and pamphlet. Asbestos in insulation, floor tiles, and siding is common in Long Island homes built before 1980 — knowing how it’s handled and when it’s a concern is part of professional competence.
Get current on these issues through CE at Main St Success.