Leave a Message

Thank you for your message. We will be in touch with you shortly.

Underground Heating Oil Tanks

Homeowner Information April 30, 2023

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 groundwater.

Leaks are generally caused by 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.


Work With Rhonda

With unparalleled industry knowledge, experience, and local expertise, I'm the Alexandria, VA Real Estate expert you've been looking for. Whether you're buying or selling, I can help you get the best deal.