Recovering for Environmental Damages and Remediation Costs
Barclay, John A., Journal of Property Management
You do not have to be involved to be liable. By now, most property managers are probably aware that the Comprehensive Environmental Response Compensation and Liability Act (CERCLA) and other federal and state statutes impose responsibilities on owners for contamination no matter whether they were involved in the properties' contamination or not.
When contaminated materials are present, the Environmental Protection Agency (EPA) or local government agency (e.g. local health agency or regional water quality control board) requires that the hazardous materials be removed.
The government agency also has the ability to require the owner or manager to remediate the property ā¦
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Publication information:
Article title: Recovering for Environmental Damages and Remediation Costs.
Contributors: Barclay, John A. - Author.
Magazine title: Journal of Property Management.
Volume: 59.
Issue: 4
Publication date: July/August 1994.
Page number: 70+.
© 1999 National Association of Realtors.
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