Law, 25.12.2019 19:31 heroicblad

If a bank assumes ownership of a piece of contaminated land

a. the previous owner will be solely responsible for the cleanup
b. the bank can re-sell the property without any liability for cleanup
c. the bank becomes a responsible party
d. the bank is withheld from selling the land due to its contaminated status
e. the future owner will be solely responsible for the cleanup upon its sale to the future owner

Answers: 3

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If a bank assumes ownership of a piece of contaminated land

a. the previous owner will b...