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Uner the federal Lead -Based Paint Hazaed Reduction Act, the following statement is true
A disclosure statement must be attached to all sales contracts and leases involving properties buildt before 1978
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What do UFFI, lead based paint and asbestos have in common?
All were used in residentail housing buildt in the 1970's
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The law that contains the boradest liabilities for environmental clean up
- CERCLA--comprehensive environmental response, compensation and liability actÂ
- created in 1980 to address hazordous waste sites and provide a process for identifying parties responsible for clean-up actions
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Who does NOThave liability under the environmental law
Real Estate Educators
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When attempting to discover environmental hazards in real estate transactions, licensees can do the followining to minimize their professinal liability
- Using licensed environmental inspectors
- Using environmental inspectors
- Encouraging buyers to have professional inspections conducted
They may NOT conduct their own environmental inspections.
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The residentail Lead Based Paint Hazard Reduction Act requires
The seller or the seller's agent to distribute a federal lead hazaed pamphlet
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The most common sources of lead poisoning in a home are
Paint and plumbing
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The following is true about asbestos
THe removal of asbestos can further contaminate the building
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The following is true about radon
It can be reduced in a building with proper ventilation
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The following can protect a buyer from unexpected environmental problems after closing
ESA--environmental site assessment
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The most important step involved in managing the risk of environmental hazards is to
Gather and disseminate authoritive information
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What environmental problem is often the cause of the decline of urban values?
Brownfields
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The purpose of laws concerning asbestos is to
minimize the release of asbestos fibers during construction
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A colorless, oderless gass that is a significant health hazaed that ccurs as a natural btproduct of combustion is
carbon monoxide
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The term encapsulation refers to the
Method of sealing disintegrating asbestos
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The following describes the process of creating a landfill site
Waste and topsoil are layered in a pit, mounded up, and them covered with dirt and plants.
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Where is urea-formaldehyde MOST often found in residential properties?
Off gassing from pressed wood adhesives
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Contamination from underground storage tanks USTs
is addressed by EPA regulations
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CERCLA regulations for administration of the Superfund, which helps pay for cleanup of uncontrolled hazordous waste sites
impose strict, joint and several and retroactive liability on potentially responsible parties
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