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The transfer of a property to a buyer with no promises, assurances, or representations by the property owner about the conditions of the property.

A halt to the use of a property by the owner without the intention of either transferring the rights to the property or resuming use.

Standard language that businesses routinely include in contracts. The other party to the agreement can sometimes negotiate to change or remove such provisions.

An industrial or commercial property that remains abandoned or underutilized in part because of environmental contamination or the fear of such contamination. (Government definitions of the term may v [..]

A written verification from a state voluntary cleanup or brownfield program that a site has been cleaned up in a manner satisfactory to the state. In some states, a certificate provides liability prot [..]

A written verification from a state voluntary cleanup or brownfield program that a site has been cleaned up in a manner satisfactory to the state.

A letter issued through a state voluntary cleanup program, that typically states that a site complies with the program's requirements, is clean enough for the intended use, and that no future enf [..]

A lump-sum grant to a state or local government from the Department of Housing and Urban Development that may be used for development activities including, in some cases, brownfield revitalization.

Local non-profit organizations created to promote urban redevelopment.