1. Chapter 13 Environmental Issues1 New Jersey Real Estate for Salespersons and Brokers By Marcia Darvin Spada Thomson/South-Western Copyright, 2006

2. Chapter 13 Environmental Issues2 Chapter 13 Environmental Issues

3. Chapter 13 Environmental Issues3  Chapter 13 Key Terms  Asbestos  Coastal Area Facilities Review Act  Electromagnetic fields  Groundwater  Lead  Pinelands National Reserves  Private Well Testing Act  Radon  Residential Lead-Based Paint Hazard Reduction Act  Septic system  Underground storage tanks  Wetlands

4. Chapter 13 Environmental Issues4 Overview of Environmental Issues Municipal and private water supply and wastewater contamination of drinking and ground water Wetlands contamination Pest infestation — wood eating insects Asbestos fiber release Lead — toxicity of water, paint, soil Radon — radioactivity in air Indoor Air Quality Urea formaldehyde foam insulation (UFFI) Mold Underground storage tanks — problem of leakage Electromagnetic fields — exposure may cause illness Hazardous waste-imminent danger to nearby real estate

5. Chapter 13 Environmental Issues5 Public Drinking Water Supply Water Quality Standards Must meet federal and state standards NJ Bureau of Safe Drinking Water

6. Chapter 13 Environmental Issues6 Private Water Supply Systems  A well utilizes groundwater  New Jersey Private Well Testing Act  Well water disclosure  Sampling of well water when a property is sold

7. Chapter 13 Environmental Issues7 Septic Systems

8. Chapter 13 Environmental Issues8 Coastal Area Facility Review Act (CAFRA) Applies to projects near coastal areas in southern part of New Jersey Exemptions: plantings, decks, rebuilding a damaged structure CAFRA Zone Map

9. Chapter 13 Environmental Issues9 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

10. Chapter 13 Environmental Issues10 Ways that Radon Enters a Home At the time of contract of sale, the seller must provide the buyer with any results of radon testing or remediation Cracks in chimney Cracks in concrete block or slab Through sump pump Loosely installed pipes Incoming water pipes