Environmental
A Phase I Environmental Site Assessment (ESA) for a NC commercial property is designed to:
ATest soil samples for contamination
BIdentify recognized environmental conditions through records review and site inspection without sampling✓ Correct
CDetermine the market value of contaminated property
DCalculate remediation costs
Explanation
A Phase I ESA identifies Recognized Environmental Conditions (RECs) through historical records review, site reconnaissance, and interviews — without any sampling or testing.
Related North Carolina Environmental Questions
- NC's 'Coal Ash Management Act' of 2014 was enacted in response to:
- PCBs (polychlorinated biphenyls) in real estate are associated with:
- The NC Flood Damage Prevention Ordinances (adopted in NFIP-participating communities) require that new construction in a Special Flood Hazard Area be built:
- A NC property located within a designated 'Special Flood Hazard Area' (SFHA) requires the buyer to:
- Under CERCLA, the 'innocent landowner' defense allows a property owner to avoid Superfund liability if they can show:
- Volatile organic compounds (VOCs) in a NC home are often found in:
- A real estate broker listing a property with a private well in NC should recommend the seller:
- Under CERCLA (Superfund), which party bears the LEAST liability for cleanup costs if contamination is discovered on a property?
Practice More North Carolina Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free North Carolina Quiz →