Environmental
The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) allows the federal government to:
ARegulate carbon emissions from residential buildings
BForce cleanup of hazardous waste sites and recover costs from responsible parties (potentially including current and past property owners)✓ Correct
CCertify properties as environmentally safe for residential use
DExempt Illinois properties from state environmental regulations
Explanation
CERCLA (also known as 'Superfund') allows the EPA to compel cleanup of hazardous waste sites and recover costs from potentially responsible parties (PRPs), which can include current property owners, past owners at time of disposal, generators who sent waste to the site, and transporters. An 'innocent purchaser' defense is available if the buyer conducted appropriate Phase I/II due diligence before purchase. Illinois has its own analogous state environmental law.
Related Illinois Environmental Questions
- What is 'Illinois Radon Awareness Act' and what does it require for residential property sales?
- Mold in a property is primarily a concern because:
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