Environmental

Which federal law governs the cleanup of abandoned hazardous waste sites and may hold current Oregon property owners liable even if they did not cause the contamination?

ARESPA
BCERCLA (Superfund)✓ Correct
CTRID
DECOA

Explanation

CERCLA (Comprehensive Environmental Response, Compensation, and Liability Act), also known as Superfund, establishes liability for cleanup of hazardous waste sites and can hold current property owners responsible even if they did not cause the contamination. This is known as 'retroactive strict liability' and is a key reason buyers conduct Phase I ESAs.

Related Oregon Environmental Questions

Practice More Oregon Real Estate Questions

1,500+ questions covering all exam topics. Start free — no signup required.

Take the Free Oregon Quiz →