Environmental
Properties near former dry cleaning facilities may be contaminated with:
AA. Radon gas
BB. Perchloroethylene (PCE/PERC), a chlorinated solvent✓ Correct
CC. Lead paint
DD. Asbestos insulation
Explanation
Dry cleaners historically used perchloroethylene (PERC/PCE), a chlorinated solvent that is a known carcinogen and common groundwater contaminant. Properties near former dry cleaning operations should be assessed for PCE contamination.
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Key Terms to Know
Comparable Sales (Comps)
Recently sold properties similar in size, condition, and location used by appraisers and agents to estimate a property's market value.
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
VarianceOfficial 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 DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
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