Environmental

An 'innocent landowner' defense under CERCLA may be available to a Mississippi property purchaser who:

APurchased property knowing it was contaminated at a discount
BConducted appropriate due diligence (Phase I ESA) before purchasing and did not know of contamination✓ Correct
CPurchased property from a family member without an ESA
DHas owned the property for more than 20 years

Explanation

CERCLA's innocent landowner defense protects buyers who performed appropriate inquiry (all appropriate inquiries, typically a Phase I ESA) prior to purchase and had no knowledge or reason to know of contamination at the time of acquisition.

Related Mississippi Environmental Questions

Practice More Mississippi Real Estate Questions

1,500+ questions covering all exam topics. Start free — no signup required.

Take the Free Mississippi Quiz →