New Ohio law provides long term liability protection for developers when re-openers arise.
by Kim Palmer
A popular state bill that gives prospective buyers of contaminated property legal immunity in hopes of spurring redevelopment around the state was signed into law by Gov. Mike DeWine late Tuesday, June 16.
Ohio House Bill 168 establishes immunity for costs associated with cleanup, in cases where any original contaminations resurface from an environmentally blighted property after federally approved remediation efforts were undertaken by the new owner.
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Posted September 14, 2020