Fact Pattern 18-1
Prudence wants to develop a shopping center in her town. She is very interested in developing the center at the location of an old dump. She can purchase the property cheaply, and it is near one of the fastest growing areas of the city. She is concerned, however, about being held liable for all cleanup costs. She has heard about federal and state funds that may be available; but she is concerned that if she purchases the property knowing that contamination is likely there, she will not be eligible to participate in government assistance programs for cleanup. She decides to discuss her problem with Bruce, a law student studying environmental law.
-Refer to fact pattern 18-1. Which of the following is a term used for the dump in which Prudence is interested?

Question

Quizplus · Accepted Answer

The term used for the dump in which Prudence is interested is a "brownfield." A brownfield is a property, often abandoned or underused, that may have environmental contamination from past use. Developing on brownfields can be challenging due to concerns about cleaning up contamination and potential liability for cleanup costs. However, government assistance programs are available to help incentivize development on brownfields.

Fact Pattern 18-1 Prudence Wants to Develop a Shopping Center in Her Town