Frequently Asked Questions about Tanks:

 

Should you tell buyers about your home heating oil tank?

The State of North Carolina Residential Property Disclosure Statement (Item 14) requires property

owners to disclose "Environmental Hazards" such as underground storage tanks (USTs), prior to selling a property.

 

Are you required to remove your home heating oil tank?

Most home heating oil tanks are considered non-regulated tanks by the North Carolina Department

of Natural Resources (NCDENR); however, a petroleum leak from any UST is regulated by NCDENR. 

Therefore, a UST is not required to be removed if the tank did not leak. 

 

Why is it important as property owner to know if a tank on your property leaked?

According to North Carolina general statutes you may still be the owner of a tank even after you sold

the property; therefore, you could be liable for a tank that started leaking after you sold the property. 

Therefore, it is recommended to landowners to at least determine if a tank did or did not leak prior to

a sale of property.

 

Why is it important as a buyer to know if a tank on a property leaked?

A leaking UST can be a financial liability.  The liability of the UST can transfer to you with the sale of

property unless provisions are made.  Therefore, it is important to determine the financial liabilities

associated with a UST prior to purchasing property.

 

 

Who is responsible for the UST?

According NCDENR the "statutory tank owner" is responsible for the release from the tank. 

The "statutory tank owner" is determined by the date the tank was last used.  If it was last used

before November 8, 1984 then the last party who used that UST is considered the tank owner

(even if that party no longer owns the property).  However, if that tank was used on or after

November 8, 1984, anyone that owned the property would be considered the tank owner even

if that person never used it.

 

How do you determine if a tank leaked?

Most of the time total petroleum hydrocarbon analysis of a sample strategically collected beneath

the tank will indicate if a tank has leaked.  The cost to inspect a UST ranges from $100 to $250

depending on location and urgency.  Call Cohesion for an estimate.

 

What if the tank did not leak?

Although the removal of a UST is not required, in most cases it is recommended.  If the UST did

not leak and is not removed, Cohesion recommends pumping and properly disposing all fluids from

the tank to protect the UST from future leakage.  Keep all documentation confirming the tank status

and fluid disposal information with the property records.

 

What if the tank leaked?

According to NCDENR's rules and regulations, a leak must be reported within twenty-four hours to

NCDENR.  Violation of this regulation is punishable by law with fines up to $10,000 per day.  A leaking

UST is subject to additional federal and state regulations requiring assessment and cleanup.  We recommend

calling Cohesion for advice and guidance.  All client and property information is kept confidential.

 

How could cleanup of a leaking tank be financed?

North Carolina has a Commercial and Noncommercial Leaking Petroleum UST Trust Fund that could

reimburse up to 100% for reasonable and necessary costs related to the cleanup of petroleum releases

from a UST.  Eligibility for reimbursement from this Trust Fund might be obtained through application and

compliance of certain rules and regulations pertaining to your UST.  Cohesion can help you apply for these funds.

 

Why use professional environmental services?

 When a property is petroleum contaminated, several rules and regulations apply to that property.  Failure

to properly follow applicable regulations and procedures may result in fines and penalties.  Negligence may

also jeopardize eligibility to receive reimbursement from the trust fund, which may result in additional

out-of-pocket expenses.   Cohesion has the experience and environmental knowledge necessary to help

you comply with the rules and regulations.