A Discussion On Above Ground Oil Tank Removal NJ

In the state of New Jersey, you will see a lot of old buried and above the ground oil tanks, which is why there is an increase in the number of above ground oil tank removal NJ and underground oil tank removal NJ companies. If you are buying a house, and you see an old oil tank, this can be an issue. Before closing the deal, you check first if the sellers are liable for an oil tank removal NJ. You are taking a risk here since we know that everyone who owns a property in NJ is responsible to take care, remove or replace their old tanks. You need to understand that NJ requires all home owners who were using oil tanks and converted to gas should remove the oil tank by law.

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One thing you can do is to check first if any leaks have already occurred, and this can only be done if the tank is removed. There are times that the owner is legally required to remove the old tank before selling it wherein the seller is allowed to leave it and close the deal. However, you are at your own risk and there are such few buyers in this case. If they don't remove it, then you have the option not to buy the property. But if you really want the house, you should negotiate with the owner. You can get a quote for having it removed and see if they allow you to deduct the whole expense of the tank removal to the selling price of the house. It’s a need for you to be careful in doing transactions with properties that have old oil tanks.