Environmental
A Montana property owner near a former mining site should be concerned about acid mine drainage because it can:
AIncrease property values by making water more acidic
BContaminate groundwater and surface water, harming ecosystems and potentially triggering cleanup liability✓ Correct
COnly affect underground water sources with no surface impact
DBe remediated inexpensively with household products
Explanation
Acid mine drainage from inactive mines is a major environmental issue in Montana (particularly near former copper mines). It can contaminate water sources, kill vegetation, harm aquatic life, and create significant remediation costs and liability for property owners.
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Key Terms to Know
Adjustable-Rate Mortgage (ARM)
A mortgage with an interest rate that changes periodically based on a financial index, usually after an initial fixed-rate period.
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
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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