Let Petro Jersey Industries Help You Take Your Clients

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3 Let Petro Jersey Industries Help You Take Your Clients FROM TO

4 Who Are We? Petro Jersey Industries, Inc. provides various services to meet all your fuel tank and environmental needs including: Tank Investigation/Location Tank Testing Underground And Above Ground Storage Tank Removal Tank Installation (UST) or (AST) Tank Cleaning With Closure or Abandonment Site Remediation Property Restoration

5 Petro Jersey Industries, Inc: Has Over 30 Years of Industry Experience Is Fully Licensed and Insured Company with the NJDEP All our senior employees and agents are OSHA-certified for HAZMAT with annual continued education/certification With Us, You Will Get A No-Further Action Letter in 4-6 Weeks

6 Your Potential Buyer Finds A Home They Love! They Will Bring in a Home Inspector under direction of a lawyer to test for

7 The Inspector Will Recommend A Tank Sweep You MUST Use A Licensed & Insured Professional

8 Why Petro Jersey? 35 years experience Efficient (costs are held to a minimum) Expedient, & Professional We do the entire job from start to finish We are part of the UHOT (underground heating oil tank program) program so the process goes through the review and approval system. WARNING: Be sure if you check the UHOT list, make sure you go to the NJDEP website and NOT the Internet or you will have a RUDE awakening LOL

9 Why Is A License Necessary? If you hire someone NOT qualified, it could come back to you in the tune of litigation. You have to have the properly licensed and insured company to OBTAIN the No Further Action letter that will stand up to criticism. If the job isn t done properly you take a risk of: Losing the sale Being a victim of litigation The new home owner may or may not be able to get insurance or a mortgage on your property

10 No Need to Panic Help is Here! We will help you NOT lose the deal. The process is NOT as bad as you might think really! Call Us and We Will Show You!

11 What YOU And The Seller Want Is

12 What Is A No Further Action Letter (NFA) How does it affect your property listing, the buyer and the closing date?

13 A No Further Action Letter (NFA) Is: An environmental release of No Further Action from the NJ State of Environmental Protection (NJDEP). Once a leaking Underground Storage Tank (UST) is identified, the appropriate soil cleanup and investigation must be performed by law. Upon soil removal or satisfactory soil analysis, then and only then, can a remedial action report be submitted to the NJDEP for file closure. In order to do a clean up and a remedial action report, you must be licensed by the state of NJDEP for this service. Only companies that are licensed for tank closure and sub surface cleanup can perform this service, like Petro Jersey Industries, Inc.

14 NFA Process 1) Identify Underground Storage Tank (UST) by performing a property tank sweep by a certified and licensed tank company. 2) Apply for municipal permits for tank removal must be performed by a licensed tank extraction company like Petro Jersey Industries, Inc. (PJI) 3) All companies that are licensed for tank removal must also be covered by liability insurance. 4) Only companies that have certificates of insurance which identify mechanical and environmental services should be used in accordance with their NJDEP license. 1) If a company doesn t have a certificate of insurance that is issued by the underwriter of the insurance company, then their license might have been revoked due to no insurance. 5) If requested, the name of the property owner should be on that certificate of insurance. 6) We highly recommend you get a certificate of insurance on every house.

15 What Does A NJDEP Fuel Tank License Looks Like!

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17 You Also Need To Look At The Certificate of Insurance

18 The Certificate Of Insurance Is Connected To The License In order for your NJDEP license to be legitimate and current, you must be able to provide a certificate of insurance that comes directly FROM the insurance company and not from the contractor. The sellers name MUST be one the bottom of the certificate in order for it to be legitimate.

19 NFA Steps 1) Do a tank sweep if a tank if not physically apparent 2) Apply for municipal permits: A NJDEP UST certification and license is required for application for tank removal 3) Obtain a NJ state utility mark out and approval (takes 4 business days) 4) Schedule tank removal with local fire marshal 5) Have the construction department open and clean the existing tank while still in the ground. 6) Continue with the tank removal, once the tank is cleaned. 7) Have local fire marshals inspect the tank integrity and the soil below the tank for leakage or failure. 8) If the tank did not fail the inspection, backfill the excavation with clean certified fill. 9) Submit a tank disposal certification including photographs, clean fill certifications, tank disposal receipt, and sludge disposal manifest by a licensed waste hauler for disposal of contaminated liquids 10) If the tank fails the inspection, then the soil must be investigated and remediated. 11) Once the remediation is complete, then a remedial action report is written by a licensed and authorized sub-surface professional like Petro Jersey Industries, Inc. 12) Then submit to state of NJ for file closure and issuance of No Further Action. 13) This whole process can be done between 4 and 6 weeks with the cooperation of the seller. 14) That s it! 15) ALL WITHIN 4-6 WEEKS

20 The Higher Cost is Remediation when leaking HAS Occurred HOWEVER LESS THAN 30% of underground storage tanks are actually leaking!

21 Average Cost For a Tank Removal Between $1,500-$2,500 depending upon Size of the tank Location of the tank The city it is in How much sludge there is, and The finishing work required

22 But You Heard Clean Up Costs Hundreds of Thousands of Dollars!!! Is This True? Yes and No! When You DO have this kind of Extreme Cost Cleanup it is usually a result of third-party contamination and 99% of the time, this cost is picked up by the insurance companies!

23 Concerned About Damage to the Seller s Property?

24 Don t Be! You have no worries with us! All initial services are done by hand to eliminate or prevent the collateral property damage with respect to the seller's property value.

25 Liesa and Emma Osta My profound thanks and appreciation for the assistance your firm, Petro Jersey Industries, provided me at my residence in Upper Montclair this past June Your crew was meticulous, saving plants and sod, and carefully piling dirt on tarps. Two days later it was impossible to tell that anything had disrupted the front lawn. Your responsiveness and willingness to help me with a solution that was vastly less costly than alternatives (and less profitable to you) reflect an admirable business ethic that is hard to find these days. I am most grateful for the top quality service you provided me and I would be glad to serve as a reference for you for future clients. See More Testimonials here: petrojerseyindustries.com/testimonials/

26 It is NOT Always The Tank That is Leaking Sometimes it can be the piping that might be a simple, inexpensive repair without delaying the closing at all!

27 What If The Owner Is Financially-Strapped!!! But She Really Needs to Sell Her Home?

28 We Have Pay at Closing Options Available For legitimate buyers and sellers where Attorneys are involved There is money down on the property Client is credit-worthy

29 Let Petro Jersey Industries Help You Take Your Clients FROM TO

30 Petro Jersey Industries, Inc. Experienced - Licensed - Insured

31 Don t Be Like Her, Call Us!

32 Petro Jersey Industries, Inc. Keeping Our Environment Clean One Step at a Time

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