Property Ownership
Indiana's Environmental Restrictive Covenant (ERC) recorded against a brownfield property:
AExpires when the current owner sells
BRuns with the land and binds all future property owners to the land use restrictions✓ Correct
COnly affects commercial purchasers
DCan be removed by any owner upon payment of a fee
Explanation
An ERC is a permanent deed restriction that binds all future owners to the land use limitations necessary to protect public health given the cleanup level achieved (e.g., restricting residential use, prohibiting groundwater extraction).
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