The Oil Tank is Leaking, Now What? The NJ Oil Tank Playbook

Category: On Demand

Member Price: $140

Non-Member Price: $175

Product Code: ON502226

Areas of Law: Real Estate

CLE Credits
NJ CLE:NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 2 hours of total CLE credit (Full Credits Available: NJ General: 2.0).
NY CLE (t&nt):NY Professional Practice Transitional: 2.0
PA CLE:PA Substantive Credit: 1.5
New: No PACLE fee is required for this program. To earn PA CLE credits, a valid PA Bar ID number must be entered into the CLE form provided after attending the program.
Faculty

Featured Speaker

Moderator

Presenters

Stuart J. Lieberman, Esq.
Lieberman Blecher & Sinkevich, P.C., Princeton

A leaking residential heating oil tank in New Jersey can trigger far more than an environmental cleanup – it can derail a real estate transaction, create significant financial liability, and subject homeowners to a complex web of state regulatory requirements. This in-depth program provides practitioners with a roadmap for managing these matters from start to finish, including the first steps that should be undertaken to protect your client until the tank has been removed and contamination addressed. Join us to learn how to respond quickly and effectively when a leak is discovered and avoid common pitfalls. Register today!

Topics include:

  • Understanding the mechanics of a leak – the what’s and how’s
  • Determining how damages are measured, including cleanup costs, property damage, diminution in value, and other potential losses
  • Preparing for an initial client intake
  • Identifying what agencies need to be contacted and require notifications
  • Handling insurance coverage issues and identifying sources of funding
  • Retaining the right tank removal company
  • Examining whether litigation is necessary and, if so, who to sue