Environmental
CERCLA (Superfund) may make a North Dakota landowner who acquires contaminated property liable for cleanup costs unless they qualify as a(n):
AInnocent landowner (bona fide prospective purchaser)✓ Correct
BLicensed real estate agent
CDomestic corporation
DMineral rights holder
Explanation
CERCLA provides liability protection for 'innocent landowners' (also called bona fide prospective purchasers) who conducted appropriate due diligence (Phase I Environmental Site Assessment) before acquiring the property and had no knowledge of 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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