Clean-Up of Property With Hazardous Waste or Toxins: CERCLA Liability
CERCLA makes both current and former property owners jointly and severally liable for the cleanup of contaminated property unless you are exempt as a bona fide prospective purchaser, a contiguous property owner or an innocent landowner. Bona fide prospective purchasers are those who enter into a covenant with the EPA granting them liability protection before they buy contaminated land. Contiguous property owners are those who own property that is contaminated by their neighbor’s behavior. Innocent landowners are those who acquire property and who have no knowledge of the contamination at the time of their purchase.
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