Environmental
Which Ohio EPA program provides 'prospective purchaser agreements' (PPAs) to protect buyers of contaminated property?
ACAUV Program
BThe Voluntary Action Program (VAP)✓ Correct
CThe Ohio Agricultural District Program
DThe Ohio Homestead Exemption Program
Explanation
Ohio's VAP can provide covenants not to sue and prospective purchaser agreements, protecting buyers who acquire contaminated properties in good faith and commit to voluntary cleanup.
Related Ohio Environmental Questions
- What is an environmental indemnity clause in a commercial purchase agreement?
- What is asbestos and when does it pose a health risk?
- What is chlorinated solvent contamination and why is it significant in Ohio?
- What is the Resource Conservation and Recovery Act (RCRA)?
- What is the National Environmental Policy Act (NEPA) and when does it apply?
- What is a Phase II Environmental Site Assessment?
- What is a 'no further action' (NFA) letter in Ohio environmental law?
- What is a percolation test (perc test) and when is it needed in Ohio?
Practice More Ohio Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Ohio Quiz →