Environmental
Under CERCLA, the 'innocent landowner' defense allows a property owner to avoid Superfund liability if they can show:
AThey purchased the property at below-market value
BThey conducted an appropriate Phase I ESA before purchase and had no knowledge of contamination✓ Correct
CThey were not a US citizen at the time of purchase
DThey have owned the property for less than 5 years
Explanation
The innocent landowner defense requires the purchaser to have performed all appropriate inquiry (Phase I ESA) before purchase and to have had no prior knowledge of the contamination.
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