Environmental
What is the 'Illinois Environmental Protection Act' (IEPA) and what real estate concerns does it address?
AA federal environmental law; IEPA is just a branch of the U.S. EPA in Illinois
BA state law establishing the Illinois EPA to regulate pollution and manage environmental remediation, relevant to contaminated property transactions✓ Correct
CAn act regulating energy efficiency in new Illinois construction
DA law requiring environmental insurance for all commercial real estate sales
Explanation
The Illinois Environmental Protection Act established the Illinois EPA and provides the framework for environmental regulation in the state. It covers air quality, water quality, solid waste, and hazardous waste. For real estate, it is particularly relevant to contaminated properties and brownfields—the Illinois EPA oversees the Site Remediation Program (SRP) and can issue 'No Further Remediation' letters for cleaned-up sites.
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