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Topic 34. Potential Environmental Problems
February 27, 2026
Radon Gas has been removed in its entirety.
a. Potential Environmental
Problem The appraiser must report and consider the effect on value of any apparent indication of a potential environmental problem.
b. Examples
Examples include, but are not limited to:
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underground storage tanks,
slush pits,
oil and gas wells (operating or abandoned),
hydrogen sulfide gas emitted from petroleum product wells,
chemical contamination (including methamphetamine) or
soil contamination from sources on or off the property.
c. Appraisal Considerations
The appraisal report must be prepared subject to correction of the problem in accordance with any local, state, or federal requirements, or documentation from the appropriate local, state, or federal authority that the condition is acceptable.