459.648 - Limitations on liability of prospective purchasers. - Nevada Statutes - USA Laws Searching

Statutes > Nevada Statutes > TITLE 40 - PUBLIC HEALTH AND SAFETY > Chapter 459 - Hazardous Materials > PROGRAM FOR VOLUNTARY CLEANUP OF HAZARDOUS SUBSTANCES ANDRELIEF FROM LIABILITY > 459.648 - Limitations on liability of prospective purchasers.

459.648 - Limitations on liability of prospective purchasers.

459.648  Limitations on liability of prospective purchasers.  A prospective purchaser is not a responsible party solely as the result of:

      1.  Conducting an environmental assessment of real property;

      2.  Contracting to purchase, or acquiring an option to purchase, real property;

      3.  Applying to participate in a program; or

      4.  Conducting or supervising removal or remediation of a hazardous substance or substances, while exercising reasonable care, pursuant to an approved remedial agreement.

      (Added to NRS by 1999, 2694)

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