Under the federal Lead-Based Paint Hazard Reduction Act, which statement is true?
All residential housing built before 1978 must be tested for the presence of lead based paint before being listed for sale or rent
A disclosure statement must be attached to all sales contracts and leases involving properties built before 1978
A lead hazard pamphlet must be distributed to all prospective buyers, but not to tenants.
Purchasers of housing built before 1978 must be given five days to test the property for the presence of lead-based paint
What do UFFI, lead-based paint, and asbestos have in common?
All pose a risk to humans because they may emit harmful gases
All were banned in 1978
All three were used in insulating materials
All were used in residential housing built in the 1970's
The law that contains the broadest liabilities for the environmental cleanup is the
CERCLA
Resource Conservation and Recovery Act
Clean Air Act
Occupational Hazard Administration Act
Which people do not have liability under the environmental law?
Real estate licensees selling property
Mortgage lenders
Real estate educators
Appraisers
When attempting to discover environmental hazards in real estate transactions, licensees can do several things to minimize their professional liability. Which of the following is not advisable?
Using licensed environmental inspectors
Using environmental inspectors
Conducting their own environmental inspections
Encouraging buyers to have professional inspections conducted
The Residential Lead-Based Paint Hazard Reduction Act requires
the seller or the seller's agent to distribute a federal lead hazard pamphlet
the seller to remove any known lead paint
the buyer to purchase the property after inspections are performed
a lead warning statement to be included in a listing agreement
The most common sources of lead poisoning in a home are
auto emissions
paint and plumbing
flooring and insulation
refrigeration equipment
Which of the following is true regarding asbestos?
All asbestos-containing materials must be removed in all commercial buildings
Asbestos causes a health problem only when ingested
The level of asbestos in a building is affected by weather conditions
The removal of asbestos can further contaminate a building
Among the most common sources of carbon monoxide in a house
are malfunctioning air conditioners
is crumbling insulation
are leaking heating fuel tanks
are malfunctioning furnaces
Which of the following is true about radon?
It can be reduced in a building with proper ventilation
It is commonly found in building materials
It is easy to detect because of its odor
It is commonly found around landfills
Which of the following can protect a buyer from unexpected environmental problems after closing?
Environmental impact statement
Environmental site assessment
Seller property disclosure statement
Assurances from real estate licensees
The most important step involved in managing the risk of environmental hazards is to
cancel any listing with a potential environmental hazard
purchase an umbrella coverage insurance policy
gather and disseminate authoritative information
have the seller sign a hold-harmless letter
What environmental problem is often the cause of the decline of urban values?
Lead-based paint
Underground storage values
Adhesives in pressed wood
Brownfields
The purpose of the laws concerning asbestos is to
require that it be removed from public buildings immediately
regulate its removal from apartment buildings with fewer than ten units
minimize the release of asbestos fibers during construction and removal
fine owners of buildings containing the mineral
A colorless, odorless gas that is significant health hazard that occurs as a natural byproduct of combustion is
ethanol
oxygen
hydrochloric acid
carbon monoxide
The term encapsulation refers to the
process of sealing a landfill with three to four feet of topsoil
way in which insulation is applied to pipes and wiring systems
method of sealing disintegrating asbestos
way in which lead-based paint particles become airborne
Which of the following describes the process of creating a landfill site?
Waste is liquefied, treated, and pumped through pipes to tombs under the water table
Waste and topsoil are layered in a pit, mounded up, and then covered with dirt and plants
Waste is compacted and sealed in a container, then placed in a tomb designed to last several thousand years
Waste is buried in an underground concrete vault
Where is urea-formaldehyde most often found in residential properties?
Off-gassing from pressed wood adhesives
Kitchen appliances
Furnace filters
Contamination from underground storage tanks (USTs) is
found only in petroleum stations
addressed by EPA regulations
only caused by tanks currently in use
easily detected and eliminated
CERCLA regulations for administration of the Superfund, which helps pay for cleanup of uncontrolled hazardous waste sites,
include listed exemptions from responsibility for those sites that contaminate neighboring properties
release from liability those owners of contaminated property who did not actually cause the contamination
make no provision for recovering Superfund expenses incurred in cleanup operations
impose strict, joint and several, and retroactive liability on potentially responsible parties
