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Environmental Issues and The Real Estate Trasaction
Terms in this set (16)
The sealing off of disintegrating asbestos, in an alternate method of asbestos control that may be preferable to removal in certain circumstances.
What year did the EPA ruled the banning of most asbestos-containing products?
Then in 1991 the regulation was overturned to only ban asbestos to specific products: flooring felt, rollboard, corrugated, corrugated, or specialty paper.
was used as a pigment and drying agent in alkyd oil-based paint.
Lead-Based Paint Hazard Reduction Act - requires disclosure of the presence of any known lead-based paint hazards to potential buyers or renters.
a naturally occurring, colorless, odorless, tasteless, radioactive gas produced by the decay of other radioactive substances.
Action Level: 4 pCi/L
A colorless chemical with a strong, pronounced odor. Often emitted as a gas, it is one of the most common and problematic volatile organic compounds and is one of the few indoor air pollutants that can be measured.
A colorless, odorless gas that occurs due to incomplete combustion as a by-product of burning such fuels as wood, oil, and natural gas.
can be found almost anywhere and can grown on almost any organic substance, so long as moisture, oxygen, and an organic food source are present.
the water that exists under the earth's surface within tiny spaces or cervices in geological formations.
Underground Storage Tanks (USTs)
Commonly found on sites where petroleum products are used or where gas stations and auto repair shops are located.
The process of laying two or four feet of soil over the top of the site and then planting grass on it to enhance the landfill's aesthetic value and prevention erosion.
defunct, derelict, or abandoned commercial or industrial sites, many of which are suspected to contain toxic wastes.
Comprehensive Environmental Response, Compensation, and Liability Act - commonly called superfund. Enacted in 1980.
It established a fund of 9 billion to clean up uncontrolled hazardous waste sites and to respond to spills. Administered and enforced by the EPA.
Superfund Amendments and Reauthorization Act
The amended statute contain stronger cleanup standards for contaminated sites and five times the funding of the original Superfund, which expired in September 1985.
Innocent landowner immunity
In certain cases, a landowner in the chain of ownership was completely innocent of all wrongdoing and therefore should not be held liable.
Used to determine the absorption rate of the soil around a septic tank.
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