Environmental

Under CERCLA, an innocent landowner defense requires a buyer to demonstrate they performed:

AOnly a visual inspection of the property
BAll appropriate inquiry (AAI) consistent with good commercial practice✓ Correct
CA Phase II environmental site assessment only
DA review of local tax records

Explanation

CERCLA's innocent landowner defense requires 'all appropriate inquiry' (AAI) prior to acquisition. This typically involves a Phase I Environmental Site Assessment conducted by a qualified professional. If contamination is later discovered, the buyer may avoid CERCLA liability if AAI was properly performed.

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