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Source: Bloomberg: Bureau of National Affairs (June 2018) The EPA’s new tool for determining companies’ liabilities at Superfund sites will soon be released to the public, according to the agency. The Environmental Protection Agency is developing the tool as a result of Administrator Scott Pruitt’s efforts to speed up contaminated site cleanup and push the sites toward redevelopment. The agency anticipates the tool will help interested companies determine whether they’re eligible to purchase a contaminated

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