Environmental
The National Environmental Policy Act (NEPA) requires:
AAll sellers to disclose environmental hazards
BFederal agencies to prepare an environmental impact statement (EIS) for major federal actions significantly affecting the environment✓ Correct
CAll real estate developments to obtain EPA approval
DBuyers to conduct a Phase I ESA before purchasing any property
Explanation
NEPA requires federal agencies to prepare an Environmental Impact Statement (EIS) before undertaking any major federal action that may significantly affect the quality of the human environment. It applies to federal projects and federally funded or permitted activities.
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