Environmental
ISRA (Industrial Site Recovery Act) in New Jersey requires environmental cleanup when:
AAny residential property is sold
BAn industrial or commercial operation closes, transfers ownership, or changes hands✓ Correct
CA homeowner installs a new septic system
DA broker lists a commercial property
Explanation
ISRA requires that before an industrial or hazardous substance operation closes or transfers, the owner must investigate and remediate any contamination, protecting future owners and the environment.
Related New Jersey Environmental Questions
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