Environmental
In Tennessee, a property seller who becomes aware of a CERCLA listing for a nearby site should:
ANot disclose it since it is off the property
BDisclose it as a potentially material fact affecting the property's value and desirability✓ Correct
COnly disclose it after receiving a written inquiry from the buyer
DFile a report with TDEC only
Explanation
The proximity of a Superfund (CERCLA) site can materially affect property values and create concerns about contamination migration. It is a material fact requiring disclosure in a Tennessee real estate transaction.
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