Forum discussion

NC-2009 SSc3:Brownfield Redevelopment

Remediation done by previous owner as part of purchase agreement

If the building owner purchased the building with the remediation done as part of the purchase agreement by the prior owner can they still receive this credit?

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Thu, 05/23/2019 - 11:11

If the purchaser's written contract made remediation a condition of the sale, then yes. The new owner was the catalyst for the building remediation. 

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