Monday, January 5, 2009

Landowner Liability Protections and All Appropriate Inquiry

Under many conditions, land owners can be held responsible for the investigation and clean up costs associated with contamination on their property. This liability exists even if the current property owner did not cause or contribute to the problem or was unaware that the problem existed when the property was purchased. This liability could even extend to cleaning up contamination that came onto their property from adjacent lands.

In 2002, the Small Business Liability Relief and Brownfields Revitalization Act developed certain conditions under which businesses could be protected from these liabilities, termed Landowner Liability Protections, or LLPs. One of the key requirements for businesses wishing to eligible for LLPs is that “all appropriate inquiry” was conducted prior to purchasing the property to determine if known or suspected contamination exists.

More information on LLPs and “All Appropriate Inquiry”

Caltha LLP conducts All Appropriate Inquiry on behalf of prospective Buyers. For a quote, go to Caltha LLP Environmental Assessment On-line Quote Page.


For further information contact Caltha LLP at
info@calthacompany.com
or
Caltha LLP Website


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