Environmental
Wetland mitigation banking in Oregon allows developers who impact wetlands to:
APay a fee to the state instead of conducting any mitigation
BPurchase mitigation credits from a pre-approved mitigation bank to offset unavoidable wetland impacts✓ Correct
CConvert wetlands to agricultural use without permits
DDelay mitigation for up to 10 years after project completion
Explanation
Wetland mitigation banking allows developers who must impact wetlands to purchase mitigation credits from a pre-established mitigation bank. The bank has already restored or enhanced wetlands elsewhere, compensating for the developer's impacts. This is regulated under state and federal law.
Related Oregon Environmental Questions
- A buyer discovers that a property they are purchasing is on Oregon DEQ's Environmental Cleanup Program list as a known contaminated site. The broker's duty is to:
- Which federal agency administers the Superfund program under CERCLA?
- An Oregon property near Mount Hood may have risks related to:
- Under Oregon law, sellers of property in coastal erosion hazard areas must disclose this risk because it represents:
- Lead-based paint disclosure requirements under federal law apply to residential properties built:
- Oregon has a law requiring disclosure when a property is located within a 100-year floodplain. This information is typically found on:
- A property in Oregon near an old gas station is suspected of having petroleum contamination in the soil. The buyer should request:
- An Oregon coastal property in a tsunami inundation zone should be disclosed to a prospective buyer because it represents:
Practice More Oregon Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Oregon Quiz →