Environmental
The presence of wetlands on a property is significant to a real estate practitioner because:
AWetlands automatically reduce property taxes
BFederal and state regulations may restrict development on or near wetlands✓ Correct
CWetlands must be drained before any construction permit is issued
DWetlands are exempt from eminent domain
Explanation
Wetlands are protected by federal law (Section 404 of the Clean Water Act) and Tennessee state law. Development in or near wetlands may require permits from the Army Corps of Engineers and TDEC, and may be significantly restricted or prohibited.
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