Environmental
A brownfield property is one that is:
ALocated in an agricultural zone outside city limits
BAn abandoned or underused industrial or commercial property where redevelopment is complicated by actual or potential contamination✓ Correct
CA property in a floodplain that cannot be developed
DAny property that has been vacant for more than 5 years
Explanation
Brownfields are abandoned or underused industrial or commercial properties where redevelopment is complicated by real or perceived contamination. State and federal programs (including Illinois EPA's brownfields programs) provide incentives and liability protections to encourage cleanup and redevelopment.
Related Illinois Environmental Questions
- The Illinois Groundwater Protection Act is significant for real estate because:
- The National Environmental Policy Act (NEPA) requires federal agencies to:
- The EPA's requirement for sellers to provide buyers with the 'Protect Your Family from Lead in Your Home' pamphlet applies to homes:
- The Illinois Environmental Protection Agency (IEPA) was established under which state statute?
- Radon is a radioactive gas that forms from the natural decay of:
- The Illinois Responsible Property Transfer Act (IRPTA) requires disclosure of environmental conditions on certain commercial and industrial properties. Who is primarily responsible for providing this disclosure?
- Asbestos in a property is most hazardous when it is:
- Illinois's Groundwater Protection Program is particularly relevant to real estate because it:
Practice More Illinois Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Illinois Quiz →