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Buried fuel
tanks were used in many areas for the fuel supply for
heating and hot water systems. It is estimated that as many
as a quarter of residential underground fuel tanks are
currently leaking. Although leakage may be relatively
slight, it may occur over a long period, creating an
environmental concern. The HouseMaster Technical Staff
reports that most homeowner insurance policies exclude
coverage for expensive soil decontamination.
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Considerations
While a home inspection does not include a search or
assessment of buried fuel tanks, it is prudent for home
buyers and sellers to resolve the issue by locating such
tanks and having them tested for leakage. Failing tanks
should be removed along with all tainted soil, following
local, mandated procedures. Tanks that are not leaking must
be monitored on a regular basis. In some areas, regardless
of condition, all buried fuel tanks must be removed and
properly abandoned.
© HouseMaster
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