Environmental

A Georgia property owner discovers underground storage tanks (USTs) on their property from a prior use as a gas station. Under CERCLA, who can be held liable for cleanup?

AA. Only the original owner who installed the tanks
BB. Only the current property owner
CC. Current owners, prior owners who caused contamination, and potentially lenders✓ Correct
DD. The state of Georgia exclusively

Explanation

CERCLA (Superfund) imposes liability on current owners, prior owners/operators at the time of contamination, and those who arranged for disposal. This makes real estate due diligence (Phase I/II ESA) critical.

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