Environmental
Under Massachusetts law, an 'environmental lien' can be placed on a property when:
AA property is near a wetland
BThe state incurs costs cleaning up contamination on private property and places a lien to recover those costs✓ Correct
CA property is in a flood zone
DA building permit is denied for environmental reasons
Explanation
Massachusetts can place an environmental lien on real property to recover cleanup costs when the state expends funds to remediate contamination. This lien can affect the sale or financing of the property.
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Key Terms to Know
Lien
A financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Transfer TaxA tax imposed by state or local governments when real property ownership is transferred, typically based on the sale price.
ZoningLocal 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.
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