Environmental
In New Mexico, a 'brownfield voluntary cleanup program' (VCP) offers participants which benefit?
AA guaranteed government loan for remediation
BLiability protection from state claims after completing approved remediation✓ Correct
CExemption from all future environmental regulations
DFree remediation services from NMED
Explanation
New Mexico's Voluntary Remediation Program (VRP) allows parties to voluntarily remediate contaminated sites and receive a 'certificate of completion' providing liability protection from state environmental claims related to the remediated contamination.
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Key Terms to Know
Zoning
Local 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.
Adverse PossessionA doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.
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