Wednesday, May 8, 2024
Difficult Property Gifts

5.2.3 Basic Quiz -- Environmental Inspection Checklist
The term "hazardous waste" usually includes any substance, waste or material defined or designated as hazardous, toxic or dangerous by any federal or state statute, regulation or rule.
     True      False
An environmental inspection checklist should adequately investigate all prior uses of the property.
     True      False
Evidence of any noxious odors or discolored soil are generally unimportant if found during an inspection.
     True      False
If the property stores batteries, septic tanks or storage drums, then extra caution must be exercised by the charity.
     True      False
Prior to CERCLA, there was no comprehensive legislation that effectively dealt with the "dumping" of chemical waste or the "cleanup" of chemical waste.
     True      False
Under CERCLA, a charity may qualify as a PRP either as a current or past owner of contributed property.
     True      False
In order to steer clear of CERCLA liability, a charity should not use hazardous substances and should not own or operate property contaminated by hazardous substances.
     True      False
If a donor is reluctant to allow for environmental testing of the property, a charity should move forward very cautiously or not at all.
     True      False
A charity's gift acceptance policy may require an EIS for any proposed gift of property.
     True      False
In a properly drafted contract, a party may "draft away" their CERCLA liability.
     True      False



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