Section NR 747.50 - Notifying the department of real estate transactions(1) PROPERTY TRANSFER OR LEASE. The owner or operator or person owning a home oil tank system shall notify the department of any real estate transaction affecting the ownership or operation of a remediation site.(2) REAL ESTATE SALES AGREEMENT OR LEASE AFFECTING RESPONSIBILITY FOR THE REMEDIATION. The sales agreement or a lease for a property being transferred or leased prior to the completion of a remediation shall identify the party or parties responsible for the completion of the remediation, responsible for the payment of costs and eligible to receive PECFA proceeds. The party or parties eligible to receive the PECFA award shall submit a signed copy of the sales agreement or lease, a form W-9, and a release from any previous assignment of award under s. NR 747.15, with the next claim.Wis. Admin. Code Department of Natural Resources NR 747.50
Cr. Register, February, 1994, No. 458, eff. 3-1-94; correction made under s. 13.93(2m) (b) 1, Stats., Register, December, 1998, No. 516; CR 04-058: am. Register February 2006 No. 602, eff. 5-1-06; correction in (2) made under s. 13.92(4) (b) 7, Stats., Register December 2011 No. 672; correction in (2) made under s. 13.92(4) (b) 7, Stats., Register October 2013 No. 694.