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When a licensee is working with a property located near a superfund site, what does that mean an environmental risk in the region must be declared by the licensee.

What do you mean by superfund site?

  • Due to hazardous waste being incorrectly managed, it has resulted in thousands of contaminated sites around the country.
  • These locations comprise factories, refineries, landfills, and mining operations.
  • In response, the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) was created by Congress in 1980.
  • Superfund is the colloquial name for CERCLA.

What is a Superfund site, for example?

  • A former open-pit copper mine called Berkeley Pit is located close to Butte, Montana.
  • It has been gradually filling up with highly acidic, metal-contaminated water.
  • In spite of the fact that the EPA released a remediation plan in 1994, it is currently in negotiations with businesses over who will bear the cost.

Learn more about Superfund site here:

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