Environmental (alternative)
Which federal law requires disclosure of known polychlorinated biphenyls (PCBs) in commercial real estate?
AThe Clean Water Act only
BCERCLA (Superfund) and TSCA (Toxic Substances Control Act)✓ Correct
COnly state MDE regulations in Maryland
DThe National Environmental Policy Act (NEPA)
Explanation
CERCLA imposes liability for PCB cleanup, and TSCA regulates PCB use and disposal. Sellers and agents disclosing known PCB contamination in commercial properties follow these federal frameworks.
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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.
Comparable Sales (Comps)Recently sold properties similar in size, condition, and location used by appraisers and agents to estimate a property's market value.
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.
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