Protections to liable party,
U.S. EPA, state and ERRT

  • USEPA/state CNTS

  • USEPA/state/ERRT/liable party consent order/consent decree 

  • ERRT grants waiver and release to liable party (except for misrepresentations or fraud) 

  • Known and unknown, pre-existing contamination and on-site and off-site covered

  • Agency oversight of ERRT 

  • Environmental restrictive covenants (for the remedy) 

  • Institutional controls monitoring 

  • Environmental easement for access and a waiver and release to liable party from 
    subsequent buyers and tenants in downstream transfers 

  • ERRT’s financial controls, conservative investment policy and independent audits