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10 Myths about Environmental Risk Liability

Think you know everything about your potential liability in a property transaction? Misconceptions abound when it comes to who’s responsible for cleaning up a contaminated property. With so much at stake, it’s no surprise that buyers, sellers and lenders are often confused about environmental liability risk. Let’s debunk the 10 most common myths: Myth #1: The new owner is always responsible for cleaning up a contaminated property. Nope. Not always. Buyers can sometimes avoid liability

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