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Mandated DisclosuresEnvironmentalEASY

Maria is purchasing a small dry-cleaning business in Hartford, Connecticut. The property has been used for dry-cleaning operations for over 20 years and has stored solvents classified as hazardous substances. Before the sale closes, which Connecticut-specific requirement is most likely triggered that does NOT apply to a typical residential home sale?

Correct Answer

B) The Connecticut Transfer Act under CGS §§ 22a-134 through 22a-134e requires environmental investigation and filing of the appropriate form

The Connecticut Transfer Act (CGS §§ 22a-134 through 22a-134e) is triggered when an 'establishment' — defined as a property that has generated, stored, treated, or disposed of hazardous waste — is transferred. A dry-cleaning facility using solvents classified as hazardous substances clearly qualifies as an establishment under the Act. The seller or transferor must file the appropriate form (Form I, II, or III) with DEEP and conduct required environmental due diligence. This requirement does not apply to typical residential home sales.

Answer Options
A
The seller must complete a Residential Property Condition Disclosure Report under CGS § 20-327b
B
The Connecticut Transfer Act under CGS §§ 22a-134 through 22a-134e requires environmental investigation and filing of the appropriate form
C
The buyer must obtain a home inspection within 10 days of signing the purchase contract
D
The listing broker must disclose all agency relationships in writing at the time of closing

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Related Topics & Key Terms

Key Terms:

transfer_actenvironmental_disclosurehazardous_substancescommercial_property
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