Determining responsibility for radon mitigation costs is a key aspect of real estate transactions. This often involves negotiation between the parties involved, as state and local regulations vary. For example, a seller might offer a credit towards mitigation, or a buyer might request it as a contingency in the purchase agreement. Ultimately, the agreed-upon terms will dictate which party bears the financial burden of addressing elevated radon levels.
Addressing radon is vital for protecting occupants from potential health risks. Radon, a naturally occurring radioactive gas, can accumulate in homes and pose a significant health hazard. Mitigation systems, which typically involve depressurizing the area beneath the building, effectively reduce radon levels and contribute to a safer indoor environment. Historically, awareness of radon risks has increased, leading to more stringent testing and mitigation requirements in some regions.
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