In some cases, cleanup costs of contaminated land can far exceed the property’s value, leaving a land owner or other party with a net liability instead of a net asset. Anyone who is buying, developing, or advising on property that is or was used for activities likely to be causing contamination will want to avoid this situation. Land owners, bankers, developers, purchasers, lawyers, real estate agents, consultants, insurers, local governments, appraisers, notaries, and land surveyors should know how to access the provincial Site Registry.
BC Ministry of Environment. 2005. FACTS ON CONTAMINATED SITES: Why Search the Site Registry?. BC Ministry of Environment
Keywords: Waste Management, Site Registry, contaminated site
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