EnvironmentalIntermediateNorth Carolina Exam

A 'wetland' on a North Carolina property is significant for real estate purposes primarily because:

AWetlands increase property value significantly, which reflects common industry practice

BDevelopment on wetlands may require permits from the Army Corps of Engineers and NCDEQCorrect

CWetlands are always publicly owned

DWetlands have no regulatory significance

Why Development on wetlands may require permits from the Army Corps of Engineers and NCDEQ Is Correct

Answer B: Development on wetlands may require permits from the Army Corps of Engineers and NCDEQ

Wetlands are regulated under Section 404 of the Clean Water Act (Army Corps of Engineers) and by NCDEQ. Development activities in wetlands typically require permits and may be significantly restricted.

Exam Tip: Environmental

Environmental questions test knowledge of hazards like asbestos, lead-based paint, radon, and mold. Know the disclosure requirements and when a professional inspection is required. CERCLA liability is strict, joint, and several.

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The power of government to take private property for public use, with the requirement to pay the owner just compensation.