Environmental
The 'stigma' associated with a property that was formerly contaminated but has been fully remediated BEST refers to:
AA lender's refusal to finance the property permanently
BA reduction in market value due to negative public perception despite cleanup✓ Correct
CThe seller's disclosure obligation that never expires
DAn ongoing environmental lien that clouds title
Explanation
Even after a contaminated site is fully remediated, buyer and market perception may result in a lower market value compared to similar unaffected properties. This lingering negative effect on value is called environmental stigma, and it is a recognized form of depreciation in appraisal.
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