The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) is also known as:
Why Superfund Is Correct
Answer B: Superfund
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.
People Also Study
Related North Carolina Questions
- CERCLA (the Superfund law) imposes cleanup liability on:Environmental
- Under CERCLA (Superfund), which party bears the LEAST liability for cleanup costs if contamination is discovered on a property?Environmental
- An 'innocent purchaser' defense under CERCLA allows a property buyer to avoid Superfund liability IF they:Environmental
- Under CERCLA, the 'innocent landowner' defense allows a property owner to avoid Superfund liability if they can show:Environmental
Key Terms to Know
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.
State-Specific Concepts
Study This Topic
Practice More North Carolina Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free North Carolina Quiz →