Environmental

A 'recognized environmental condition' (REC) identified in a Phase I ESA means:

AA. The property has been certified as environmentally clean

BB. There is evidence of known, suspected, or potential release of hazardous substances that warrants further investigation✓ Correct

CC. The property meets all EPA cleanup standards

DD. A Phase II ESA has already been completed

Explanation

A REC is a condition identified during a Phase I ESA that represents a known, suspected, or potential release of hazardous substances. RECs typically trigger the need for a Phase II ESA to determine if actual contamination exists.

People Also Study

Key Terms to Know

Zoning

Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.

Variance

Official permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.

Eminent Domain

The power of government to take private property for public use, with the requirement to pay the owner just compensation.

Adverse Possession

A doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.