Environmental
Virginia's Voluntary Remediation Program (VRP) allows property owners to:
AAvoid all environmental liability by self-reporting
BVoluntarily clean up contaminated property with DEQ oversight in exchange for liability protection upon completion✓ Correct
CTransfer environmental liability to the Virginia state government
DDemolish contaminated buildings without DEQ approval
Explanation
Virginia's VRP encourages voluntary cleanup of contaminated properties by offering participants oversight, technical assistance, and a Certificate of Satisfactory Completion that limits future state environmental liability.
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Key Terms to Know
Encumbrance
Any claim, lien, charge, or liability attached to real property that affects its value or limits its use.
Transfer TaxA tax imposed by state or local governments when real property ownership is transferred, typically based on the sale price.
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
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