Environmental
An 'innocent landowner' defense under CERCLA requires the property owner to prove they:
APurchased the property at a below-market price
BConducted an all appropriate inquiry (Phase I Environmental Site Assessment) before purchase and had no knowledge of contamination✓ Correct
CObtained title insurance before purchase
DReported the contamination to the LDEQ within 30 days of purchase
Explanation
To qualify for CERCLA's innocent landowner defense, a buyer must have conducted 'all appropriate inquiry' (typically a Phase I ESA) before purchase and had no knowledge of contamination at the time of acquisition.
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