Illinois Real Estate Exam Practice Question
A client is considering listing an industrially zoned 10-acre site. It has been vacant for several years, and was formerly used as an automobile junkyard. What would a responsible real estate licensee recommend the seller consider obtaining prior to putting the property on the market?
Correct Answer: B
Rationale: Prior to listing the 10-acre industrially zoned site, obtaining an environmental site assessment (B) is crucial. This assessment evaluates potential contamination risks, especially relevant given its history as an automobile junkyard, ensuring transparency and safety for potential buyers.
Option A, a radon measurement analysis, is less pertinent as radon is primarily a concern in residential properties. Option C, an electromagnetic field determination, is not typically required for industrial sites unless specific concerns are raised. Option D, an air quality report from the EPA, while important, does not directly address the site's past use and potential contamination issues as comprehensively as an environmental site assessment.
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