The Nova Scotia Department of the Environment recently fined a homeowner in Sydney (located on Cape Breton Island) with failing to obtain the services of a site professional to determine whether a leaking oil tank had caused contamination.
The regulator had issued two directives to the homeowner prior to filing the charge in court. The amount of the fine was $350. The homeowner has been given two years to complete any necessary remediation on his property. Being a homeowner is tough especially when you are moving towards retirement. Most invest in property to rent to get help with their mortgages, some even use their equity release to do this. If you are interested in having your equity released and want to know how much you have you might be interested in something like this equity release calculator for more information.
The Nova Scotia Department of the Environment Homeowner Guide to Heating Oil and Tank Systems provides information on how homeowners can lessen the environmental risk posed by above-ground heating oil tanks. The Province also has a Domestic Fuel Oil Spill Policy.
Fuel oil tanks owned by homeowners can leak and cause environmental damage (Photo Credit: NACHI.org)
