Real Estate Advisor Law Blog

Real Estate Advisor Law Blog

Tag Archives: US EPA

Another ASTM Standard Satisfies All Appropriate Inquiries under CERCLA

Posted in Construction Related Issues, Environmental Issues, Legislative Update
US EPA has amended the Standards and Practices for All Appropriate Inquiries (“AAI”) to acknowledge another ASTM standard can be used to satisfy the AAI requirement for the landowner defenses to liability under Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”) – innocent landowners, bona fide prospective purchasers, and continuous property owners. In addition to ASTM… Continue Reading

Potential Effect of Climate Change Regulation on Real Estate Development

Posted in Air Quality Issues, Environmental Issues, Tax Credit Issues
Recent activity in Washington, D.C. suggests that the federal government is moving one step closer to regulating greenhouse gas emissions.  US EPA has determined that greenhouse gas emissions are pollutants that endanger the public’s health and welfare.  US EPA’s endangerment finding could lead to regulation of greenhouse gas emissions under the Clean Air Act.  Alternatively,… Continue Reading