Environmental
Under Louisiana law, a seller of residential property is generally required to disclose known hazardous substances on the property. This disclosure requirement is found in:
AThe Louisiana Environmental Quality Act only
BThe Louisiana Property Disclosure Law and federal regulations requiring disclosure of known material conditions✓ Correct
COnly federal CERCLA regulations
DOnly the buyer's inspection contingency
Explanation
Louisiana's Property Disclosure Law requires residential sellers to disclose known material defects and conditions, including known hazardous substances. Federal law (including CERCLA, lead paint disclosure requirements, and TSCA) adds additional disclosure obligations for certain substances.
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