Commercial Real Estate Loans: Minimizing the Environmental Risk for Lenders Under CERCLA | Practical Law

Commercial Real Estate Loans: Minimizing the Environmental Risk for Lenders Under CERCLA | Practical Law

A Practice Note providing guidance on the steps a lender in a commercial real estate loan transaction can take to minimize its risks of environmental liability under federal law. Specifically, this Note discusses how a lender can maintain protection under the secured creditor exemption of the Comprehensive Environmental Response, Liability and Compensation Act of 1980 (CERCLA), also known as the federal Superfund law.

Commercial Real Estate Loans: Minimizing the Environmental Risk for Lenders Under CERCLA

by Christine Leas, Sive, Paget & Riesel, P.C., with Practical Law Real Estate
MaintainedUSA (National/Federal)
A Practice Note providing guidance on the steps a lender in a commercial real estate loan transaction can take to minimize its risks of environmental liability under federal law. Specifically, this Note discusses how a lender can maintain protection under the secured creditor exemption of the Comprehensive Environmental Response, Liability and Compensation Act of 1980 (CERCLA), also known as the federal Superfund law.