What is the maximum capacity of underground storage tanks not regulated by the EPA?

The maximum capacity for underground storage tanks that are not subjected to regulation by the Environmental Protection Agency (EPA) is indeed 1,100 gallons. This threshold is significant because tanks with a capacity that exceeds this limit are typically regulated under federal law due to the potential environmental risks they pose, particularly regarding the storage of hazardous substances.

Understanding this capacity is fundamental for auctioneers and others in real estate or environmental management, as it affects compliance and disclosure requirements during property transactions. Storage tanks that fall below the 1,100-gallon capacity may not be subject to the same level of oversight and operational requirements as larger tanks, which can influence an auctioneer's marketing strategy and the potential liabilities associated with the properties being auctioned.

Hence, recognizing the implications of tank capacity helps ensure that auctioneers are aware of relevant regulations and can navigate the legal landscape effectively when dealing with properties that may have underground storage tanks.