Environmental
The term 'environmental lien' in Pennsylvania real estate refers to:
AA voluntary lien placed by a property owner to fund environmental cleanup
BA lien placed on a property by a government agency to recover costs of environmental cleanup for which the owner is responsible✓ Correct
CA deed restriction prohibiting development near water bodies
DA conservation easement protecting wetlands
Explanation
Environmental liens can be placed on Pennsylvania properties by PADEP or other government agencies to recover cleanup costs for contamination attributable to the property owner. These liens can affect title and must be resolved before clear title can be conveyed — they will appear in a thorough title search.
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Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
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