Property Ownership
Indiana's Environmental Restrictive Covenant (ERC) is used in brownfield remediation to:
ARestrict the property from any use
BPermanently restrict land use (e.g., industrial use only, no groundwater extraction) consistent with the cleanup level achieved✓ Correct
CTransfer cleanup liability to the next buyer
DExempt the property from future environmental regulations
Explanation
An Environmental Restrictive Covenant is a recorded deed restriction that limits future land uses to those consistent with the level of cleanup achieved — for example, prohibiting residential use or groundwater extraction if cleanup was done to industrial standards.
Related Indiana Property Ownership Questions
- An Indiana condominium owner's monthly HOA fee typically covers:
- A timeshare in Indiana real estate grants the buyer:
- An Indiana conservation easement donated to a qualified land trust may provide the donor with:
- Police power as a governmental limitation on property rights refers to:
- The Indiana Horizontal Property Law regulates which type of real estate?
- A homeowners association (HOA) enforces:
- Adverse possession in Indiana requires possession that is open, notorious, exclusive, continuous, and hostile for a minimum of:
- Indiana's Statewide IT System (GIS) maintains public records including:
Practice More Indiana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Indiana Quiz →