Environmental
In Tennessee, which of the following describes a 'recognized environmental condition' (REC) in a Phase I ESA?
AA property that has received a clean environmental certificate
BThe presence or likely presence of hazardous substances due to a release, threatened release, or material threat✓ Correct
CA property located in a special flood hazard area
DA property with outdated electrical wiring
Explanation
A REC is defined as the presence or likely presence of hazardous substances or petroleum products on a property under conditions indicating an existing release, past release, or material threat of release requiring investigation.
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