Environmental
A Nebraska property was previously used as a dry-cleaning facility. The most likely environmental contamination is:
AAsbestos
BPCE/TCE (chlorinated solvents)✓ Correct
CLead paint
DMercury
Explanation
Dry-cleaning operations commonly use perchloroethylene (PCE) and trichloroethylene (TCE), chlorinated solvents that are serious groundwater contaminants. Former dry-cleaning sites are among the most common contaminated properties in Nebraska.
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Key Terms to Know
Comparable Sales (Comps)
Recently sold properties similar in size, condition, and location used by appraisers and agents to estimate a property's market value.
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.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
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