Environmental
A Mississippi property has a 'recognized environmental condition' (REC) identified in a Phase I ESA. This means:
AThe property is confirmed to be contaminated
BThere is evidence suggesting a possible release or likely release of hazardous substances that may have affected the property✓ Correct
CThe property is listed on the Superfund National Priority List
DThe property owner must begin cleanup immediately
Explanation
A REC is defined as the presence or likely presence of any hazardous substance or petroleum products on a property under conditions that indicate an existing release, past release, or material threat of release. It does not confirm contamination but warrants further investigation.
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