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New York Real Estate for Salespersons, 5th e

New York Real Estate for Salespersons, 5th e. By Marcia Darvin Spada Cengage Learning. Chapter 11. Part II Environmental Issues. Chapter 11 Key Terms. Asbestos Chlordane Chlorofluorocarbons (CFCs) Electromagnetic fields Environmental Impact Statement. Freon Friable Groundwater

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New York Real Estate for Salespersons, 5th e

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  1. New York Real Estate for Salespersons, 5th e By Marcia Darvin Spada Cengage Learning Chapter 11 Part II Environmental Issues

  2. Chapter 11 Part II Environmental Issues Chapter 11 Part II Environmental Issues

  3. Chapter 11 Key Terms Asbestos Chlordane Chlorofluorocarbons (CFCs) Electromagnetic fields Environmental Impact Statement Freon Friable Groundwater Lead Polychlorinated biphenyls (PCBs) Chapter 11 Part II Environmental Issues

  4. Chapter 11 Key Terms (continued) Radon State Environmental Quality Review Act Underground storage tanks Urea-formaldehyde foam insulation (UFFI) Wetlands Chapter 11 Part II Environmental Issues

  5. Overview of Environmental Issues Municipal and private water supply and wastewater contamination of drinking and groundwater Wetlands contamination Pest infestation — wood eating insects Asbestos fiber release Lead — toxicity of water, paint, soil Radon — radioactivity in air Chapter 11 Part II Environmental Issues

  6. Overview of Environmental Issues continued Indoor Air Quality Urea formaldehyde foam insulation (UFFI) Mold Hazardous waste-imminent danger to nearby real estate Underground storage tanks — problem of leakage Electromagnetic fields — exposure may cause illness Chlorofluorocarbons (CFCs) Chapter 11 Part II Environmental Issues

  7. Public Drinking Water Supply Chapter 11 Part II Environmental Issues

  8. New York’s Public Water Supply System Chapter 11 Part II Environmental Issues

  9. Water Quality and Flow Issues Public or private Water safety-bacteria, mineral content Testing and remediation Laboratory tests performed for well water Chapter 11 Part II Environmental Issues

  10. Pest Infestation Chapter 11 Part II Environmental Issues

  11. Wood Eating Insects Chapter 11 Part II Environmental Issues

  12. Wetland Regulations Areas on or near a wetland may require a permit of letter of permission Wetlands mapped and regulated by NYS Dept. of Environmental Conservation Chapter 11 Part II Environmental Issues

  13. Contemporary Issues Chapter 11 Part II Environmental Issues

  14. AsbestosConstruction Materials Friability of substance; allows particles to infiltrate lungs causing cancer Health risks if disturbed Testing performed by state certified inspectors Testing Air monitoring Bulk sampling Wipe sampling Remediation Encapsulation Enclosure Removal Chapter 11 Part II Environmental Issues

  15. Lead Chapter 11 Part II Environmental Issues

  16. The Residential Leadbased Paint Hazard Reduction Act Federal law Pre-1978 residential properties Disclosure of leadbased paint if known Disclosure by seller, lessors, their agents Up to$10,000fine for noncompliance Chapter 11 Part II Environmental Issues

  17. Testing for Lead in Water and Paint Lab will test paint chip Lead testing swabs for solder, soil, paint and dust Lead in water-lab tested sample Best to leave paint in place if in good condition and not disturbed by children Chapter 11 Part II Environmental Issues

  18. Ways that Radon Enters a Home At the time of contract of sale, a radon contingency is included Cracks in chimney Cracks in concrete block or slab Through sump pump Loosely installed pipes Incoming water pipes Chapter 11 Part II Environmental Issues

  19. Testing for Radon Chapter 11 Part II Environmental Issues

  20. Factors that Affect Air Quality Chapter 11 Part II Environmental Issues

  21. Environmental Assessments Chapter 11 Part II Environmental Issues

  22. Comprehensive Response, Compensation and Liability Act (CERCLA) Identify sites containing hazardous substances Superfund Amendment expands Act Liability may be passed to new owners Due diligence reviews conducted to avoid liability to new owner in title transfer Chapter 11 Part II Environmental Issues

  23. Other Environmental Concerns Underground storage tanks Leakage contaminates soil and waterways Electromagnetic fields Exposure may cause cancer Chlorofluorocarbons (CFCs) Threat to the ozone layer Chapter 11 Part II Environmental Issues

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