Environmental
The CERCLA innocent landowner defense requires a buyer to have conducted 'all appropriate inquiries' (AAI) before purchase. The standard for AAI is:
AA visual inspection by any licensed contractor
BAn ASTM E1527-21 Phase I Environmental Site Assessment conducted by a qualified environmental professional✓ Correct
CAny environmental review completed within 5 years of the purchase
DA government-issued environmental clearance certificate
Explanation
The EPA recognizes ASTM E1527-21 (Phase I ESA) as the standard for meeting AAI requirements under CERCLA. The Phase I must be conducted by a qualified environmental professional (QEP) within 180 days of acquisition.
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