Federal law, known as Superfund, enacted in 1980 and reauthorized by the Superfund Amendments and Reauthorization Act (SARA) in 1986. The law imposes strict joint and several liability for cleaning up environmentally contaminated land.
Remediation refers to the process of cleaning up environmentally contaminated sites to mitigate or eliminate pollution and restore environmental quality.
An evaluation of a site, prior to acquisition of title to the property, for the existence of hazardous waste. This assessment is crucial under the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA), as amended by the Superfund Amendments and Reauthorization Act of 1986 (SARA).
A Superfund is an account established by the federal government dedicated to cleaning up areas polluted with hazardous waste when no other source of payment is available.
