Environmental
The 'innocent landowner defense' under CERCLA protects buyers who:
AWere unaware of any environmental laws
BConducted appropriate due diligence (Phase I/II ESA) before purchase and had no reason to know of contamination✓ Correct
CPurchased the property for less than market value
DAre first-time buyers
Explanation
The innocent landowner defense shields buyers from CERCLA liability if they conducted 'all appropriate inquiries' (typically a Phase I/II ESA) before purchase and had no actual knowledge or reason to know of contamination.
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