Brokerage SAE Question and answers verified to pass

Brokerage SAE Question and answers verified to pass CERCLA - correct answer Established in 1980 to respond to hazardous spills and clean up waste sites. EPA - correct answer Authorized to take remedial action for hazardous contamination. Endangered Species Impact - correct answer Reduces land usability and development potential, affecting value. Liability Levels under CERCLA - correct answer Strict, joint and several, retroactive; defining responsible parties' liabilities. Environmental Impact Study - correct answer Required by EPA and local governments for developers. Wetlands Appraisal Impact - correct answer May alter land value based on site circumstances and intended use. Clean-up Cost Responsibility - correct answer Landowners can be liable for waste clean-up costs under CERCLA. EPA Contractors and Damages - correct answer EPA can hire contractors and seek damages for clean-up costs. Endangered Species and Wetlands - correct answer Environmental concerns affecting land use and appraisal values.