Environmental
In Hawaii, what is the purpose of the 'Emergency Planning and Community Right-to-Know Act (EPCRA)' as it relates to real estate?
AA. It requires sellers to disclose all building materials used in construction
BB. It requires businesses that store or release hazardous chemicals to report this information, making it publicly available for community and real estate due diligence✓ Correct
CC. It mandates emergency flood plans for all waterfront properties
DD. It is a state law specific to Hawaii's emergency management
Explanation
EPCRA (federal) requires facilities using or releasing hazardous chemicals to report to local emergency planners and create publicly available databases. This information helps with real estate due diligence near industrial sites.
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