Chapter 18

Question 1

what are environmental standards enforced by?

Answer 1

ADEQ

Arizona Dept of Environmental Quality

Question 2

What jurisdiction is the ADEQ under

Answer 2

Environmental Protection Agency (EPA)

Question 3

what is a superfund

Answer 3

CERCLA a fund used for cleaning up large or abandoned hazardous waste sites where no clearly responsible party can be identified

Question 4

Must an agent disclose if a property has been on a Superfund site?

Answer 4

yes.

Question 5

What is AZ’s Superfund

Answer 5

the Water Quality Assurance Revolving Fund

identifies, proritizes, assesses and resolves the threat of contaminated soil and groundwater sites in AZ

ADEQ is responsible for identifying responsible parties and allocating cleanup costs.

Question 6

what is an underground storage tank and how must it be handled in a real estate transaction

Answer 6

holds a variety of substances and can threaten human health and the environment because it may leak and contaminate soil and groundwater.

Generally seller disclosures are required for residential prop. since most are found in commercial and industrial, it places duty on discovery of the buyer.

Question 7

what are brownfields

Answer 7

refers to real properties whose expansion, redevelopment, or reuse may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant, generally these are defunct or abandoned commercial or industrial sites