Environmental

Environmental Cleanup Lien

An environmental cleanup lien is a recorded legal claim against a property to secure the cost of environmental cleanup, which the buyer or lender searches for as part of all appropriate inquiries.

Why it matters

Under ASTM E1527-21, searching for recorded environmental cleanup liens is a user responsibility, though the user can ask the environmental professional to do it. A lien can affect title, financing and closing. Find it early.

Source: store.astm.org

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