6 - Environmental Issues in RE (3 / 0) Flashcards
1
Q
LBP
A
pre-1978, disclosure required under sale or rental
Exposure (typically ingestion) causes brain damge
2
Q
CERCLA
A
Comprehensive Environmental Response, Compensation and Liability Act (Superfund) - create liability and a pool of funds for the cleanup of environmental hazards
Current owner, past owners and original contaminant can all be held liable
3
Q
Radon
A
Colorless, odorless gas that emanates from the ground; produced by presence of underground uranium
4
Q
LBP Inspection Period
A
10 days, federal law
5
Q
Capping
A
process of covering a dump site with soild, 3-4 ft
6
Q
Mesothelioma
A
Disease created by breathing in of friable asbestos
