An Environmental Site Assessment (ESA) is a detailed analysis of a property to identify potential or existing environmental contamination liabilities, typically conducted before acquiring title to the property to comply with legal requirements and mitigate risks.
An innocent purchaser, in real estate terms, is a party who acquired property without being aware of its contamination, providing they had a due environmental assessment before the purchase.
POTENTIALLY RESPONSIBLE PARTIES (PRP) are individuals or entities potentially liable for environmental contamination under Superfund laws such as CERCLA and SARA. These parties can include current or former owners, operators, transporters, and disposers of hazardous waste at a contaminated site.
The Superfund Amendments and Reauthorization Act (SARA) of 1986 significantly amended the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA, or Superfund). SARA addresses the cleanup of hazardous waste sites, enhances the enforcement of cleanup responsibly, and increases funding for the Superfund program.
The Superfund Amendments and Reauthorization Act (SARA) is a law that confirmed the continued existence of the Superfund program and strengthened the enforcement of hazardous waste site remediation under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA).
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