Have you recently identified a buried oil tank on your property? If that’s the case, make sure that you’re not ignoring the situation. Unfortunately, buried oil tanks don’t come without some serious risks. If an old oil tank begins to leak, it will be pricey to clean up any water or soil that was contaminated. If your neighbor’s property is impacted by the leak, you could also have legal complications on your hands. Environmentally speaking, buried oil tanks can also contaminate groundwater and put wildlife at risk. If you’re choosing to purchase a property with a buried oil tank, make sure you understand the risks first. Ask us about how to best approach a buried oil tank on your new property.