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Old 07-20-2009, 09:57 AM
 
14 posts, read 37,960 times
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We are currently scheduled for inspections on a property. The house is 22 years old and seems to be meticulously maintained. There is an underground oil tank we are having tested separately. How are things handled in PA if there is a problem with an oil tank?
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Old 07-20-2009, 03:09 PM
 
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is the tank currently in use? not sure about a current tank with problems, but i believe an old tank either needs to be removed or filled. check the township laws or try J&J Spill in Norristown, they are quite knowledgeable on the subject.
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Old 07-22-2009, 07:06 AM
 
Location: Between Philadelphia and Allentown, PA
5,077 posts, read 13,327,939 times
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Quote:
Originally Posted by soulwindows View Post
We are currently scheduled for inspections on a property. The house is 22 years old and seems to be meticulously maintained. There is an underground oil tank we are having tested separately. How are things handled in PA if there is a problem with an oil tank?
Your realtor would know the answer to this. If memory serves, you can have it tested, if it's ok and not leaking you can choose to do nothing or if it's leaking, the clean up falls into another category but it's been awhile since dabbling in real estate so I would first check with your realtor. It's in the PA real estate books.
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Old 07-23-2009, 10:16 PM
 
Location: Yardley PA
689 posts, read 2,095,016 times
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It would depend on the problem. If it's an underground tank currently in use and is leaking, the sellers would need to have mediation done.. If it's an old tank thats not currently in use, and has no issues, just leave it. If it's an old tank that might have proved to leak in the past, I would potentially avoid the house all together. Basically when youre buying the house, you have two choices after your inspections - ask for credits/things to be fixed, or walk away. But when it comes to a potential past oil spill under the foundation of your house, no amount of credits would be worthwhile to me to the future damage that could cause that you may not be aware of currently if you found evidence of leakage.
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Old 09-07-2009, 01:46 PM
 
14 posts, read 37,960 times
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There was no evidence of leakage, and the tank was still in use. Our concern was we could not find any third party insurance to cover us. We wanted to remove it right away, but the company that insures the tank, Proguard, said we could not remove it until having the policy for one year.
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Old 09-30-2009, 08:12 AM
 
1 posts, read 4,433 times
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Hi Soul Windown Were you albe to find any Third Party Insurance to cover it. We are in the EXACT same situation. The oil tank is not leaking but we want to be covered and remove the tank.
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Old 10-01-2009, 12:56 PM
 
Location: South Philadelphia
29 posts, read 89,669 times
Reputation: 15
Quote:
Originally Posted by soulwindows View Post
There was no evidence of leakage, and the tank was still in use. Our concern was we could not find any third party insurance to cover us. We wanted to remove it right away, but the company that insures the tank, Proguard, said we could not remove it until having the policy for one year.
How can you not remove an UST that is yours? What does Proguard have to do with it? Its your tank, just pull it out.
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