Environmental
The Toxic Substances Control Act (TSCA) regulates which hazardous substances relevant to Kentucky real estate?
AOnly industrial chemicals
BLead-based paint, asbestos, and PCBs✓ Correct
COnly radioactive materials
DOnly materials used in construction after 2000
Explanation
TSCA regulates several hazardous substances relevant to real estate including lead-based paint, asbestos, and PCBs, requiring disclosure and proper handling.
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Key Terms to Know
Zoning
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
Adverse PossessionA doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.
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