Over the past 30 years, an increasing number of properties have been and continue to be classified as having some kind of recognized environmental condition (a “REC”). The REC classification
Prevent Your Tenant Mix from Turning Your Property into a 'REC'
An increasing number of properties have been and continue to be classified as having some kind of recognized environmental condition. The REC classification arises from the EPA crackdown over the past few decades to ensure that property owners and the parties who are responsible for causing the contamination actually share in the cost and burden of the remediation process.
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