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.
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