Environmental
In Michigan, a 'recognized environmental condition' (REC) identified in a Phase I ESA refers to:
AA confirmed contamination requiring immediate cleanup
BThe presence or likely presence of hazardous substances that may have been released into the environment✓ Correct
CA natural wetland on the property
DA building code violation
Explanation
A REC is the presence or likely presence of hazardous substances or petroleum products on a property under conditions that indicate an existing release, a past release, or a material threat of a release.
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