Environmental
The National Environmental Policy Act (NEPA) requires:
AAll property sellers to complete an environmental impact assessment
BFederal agencies to assess the environmental impact of major federal actions✓ Correct
CArizona homeowners to remediate all environmental hazards before selling
DReal estate agents to report environmental hazards to the EPA
Explanation
NEPA requires federal agencies to prepare an Environmental Impact Statement (EIS) for major federal actions significantly affecting the environment. It does not directly apply to private residential transactions.
Related Arizona Environmental Questions
- An Arizona buyer is purchasing a property near a former dry-cleaning facility. The buyer should be most concerned about contamination from:
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- An Arizona property in a 'high fire risk' area may affect real estate by:
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