1. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues1 New York Real Estate for Salespersons, 5th e By Marcia Darvin Spada Cengage Learning

2. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues2 Chapter 11 Part II Environmental Issues

3. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues3  Chapter 11 Key Terms  Asbestos  Chlordane  Chlorofluorocarbons (CFCs)  Electromagnetic fields  Environmental Impact Statement  Freon  Friable  Groundwater  Lead  Polychlorinated biphenyls (PCBs)

4. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues4 Chapter 11 Key Terms (continued)  Radon  State Environmental Quality Review Act  Underground storage tanks  Urea-formaldehyde foam insulation (UFFI)  Wetlands

5. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues5 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

6. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues6 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)

7. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues7 Public Drinking Water Supply Water Quality Standards Must meet federal and state standards NYS Department of Health

8. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues8 New York’s Public Water Supply System

9. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues9 Water Quality and Flow Issues  Public or private  Water safety-bacteria, mineral content  Testing and remediation  Laboratory tests performed for well water

10. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues10 Pest Infestation Wood eating insects Termites Powder- post beetles Carpenter ants Carpenter bees

11. © 2013 All rights reserved. Wood Eating Insects Chapter 11 Part II Environmental Issues11

12. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues12 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

13. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues13 Contemporary Issues Biologicals Radon Lead Asbestos Electromagnetic fields

14. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues14 Asbestos Construction 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

15. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues15 Lead Drinking water Soil and dust Paint

16. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues16 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 $10,000 fine for noncompliance

17. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues17 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

18. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues18 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

19. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues19 Testing for Radon

20. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues20 Factors that Affect Air Quality Bacteria Combustion sources Building materials Cleaning products Pressed- wood furniture Heating and cooling systems Carpeting

21. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues21 Environmental Assessments State Environmental Quality Review Act Environmental Assessments Environmental Impact Statement Ways to reduce and avoid adverse environmental impacts

22. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues22 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

23. © 2013 All rights reserved. Chapter 11 Part II Environmental Issues23 Other Environmental Concerns  Underground storage tanks  Leakage contaminates soil and waterways  Electromagnetic fields  Exposure may cause cancer  Chlorofluorocarbons (CFCs)  Threat to the ozone layer