Vermont Underground Storage Lease and Agreement

State:
Multi-State
Control #:
US-OG-1179
Format:
Word; 
Rich Text
Instant download

Description

This form is an underground storage lease and agreement.
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FAQ

"Underground storage tank" or "UST" means any one or combination of tanks including connected underground pipes that is used to contain regulated substances, and the volume of which including the volume of underground pipes is 10 percent or more beneath the surface of the ground.

Just like vehicles and pieces of equipment, underground storage tanks (USTs) have a lifespan of their own and eventually need to be replaced. On average, tanks can last around 25 years. That said, if tanks are close to ?retirement age? and show signs of corrosion and rust, then it's probably time to purchase new tanks.

What is an UST? An underground storage tank system (UST) is a tank and any underground piping connected to the tank that has at least 10 percent of its combined volume underground. The federal UST regulations apply only to UST systems storing either petroleum or certain hazardous substances .

Environmental Liability insurance is available for UST owners, providing comprehensive coverage for UST-related risks. This insurance covers a range of costs related to UST incidents, such as cleanup, third-party liability claims, and legal expenses associated with pollution-related incidents.

Our storage tank liability policy helps cover first- and third-party liability resulting from releases from underground and above-ground tanks.

What is an UST? An underground storage tank system (UST) is a tank and any underground piping connected to the tank that has at least 10 percent of its combined volume underground.

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Vermont Underground Storage Lease and Agreement