Environmental
Which of the following is a potential indicator that a property may have hazardous waste concerns during due diligence?
AThe property is in a residential neighborhood
BThe property was previously used as a dry cleaning facility or gas station✓ Correct
CThe property has a newer roof
DThe property taxes are current
Explanation
Former dry cleaners (perchloroethylene/PCE) and gas stations (petroleum products) are classic examples of sites with likely soil and groundwater contamination concerns.
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