Environmental
What is the 'Comprehensive Environmental Response, Compensation, and Liability Act' (CERCLA/Superfund) and how does it relate to Nevada real estate?
AA Nevada state law requiring all homeowners to test for radon
BA federal law creating the Superfund program to clean up contaminated sites; current and former property owners can be held liable for cleanup costs even if they did not cause the contamination✓ Correct
CA federal program providing grants to Nevada homeowners for energy efficiency
DA law governing indoor air quality standards in Nevada buildings
Explanation
CERCLA (Superfund) imposes strict, joint and several liability on potentially responsible parties (PRPs) — including current property owners, former owners, operators, and those who arranged for disposal of hazardous substances. This means a Nevada property buyer who discovers contamination from a prior owner's activities can be held liable for cleanup. This 'innocent landowner' risk is why Phase I ESAs are essential for commercial property purchases near industrial sites or former gas stations.
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