40 CFR 312.29 - The relationship of the purchase price to the value of the property, if the property was not contaminated.

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There is 1 rule appearing in the Federal Register for 40 CFR 312. View below or at eCFR (GPOAccess)
§ 312.29 The relationship of the purchase price to the value of the property, if the property was not contaminated.
(a) Persons to whom this part is applicable per § 312.1(b) must consider whether the purchase price of the subject property reasonably reflects the fair market value of the property, if the property were not contaminated.
(b) Persons who conclude that the purchase price of the subject property does not reasonably reflect the fair market value of that property, if the property were not contaminated, must consider whether or not the differential in purchase price and fair market value is due to the presence of releases or threatened releases of hazardous substances.
(c) Persons conducting site characterization and assessments with the use of a grant awarded under CERCLA section 104(k)(2)(B) and who know that the purchase price of the subject property does not reasonably reflect the fair market value of that property, if the property were not contaminated, must consider whether or not the differential in purchase price and fair market value is due to the presence of releases or threatened releases of hazardous substances, pollutants, contaminants, petroleum and petroleum products, or controlled substances as defined in 21 U.S.C. 802.

Title 40 published on 2014-07-01

The following are only the Rules published in the Federal Register after the published date of Title 40.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2014-10-06; vol. 79 # 193 - Monday, October 6, 2014
    1. 79 FR 60087 - Amendment to Standards and Practices for All Appropriate Inquiries
      GPO FDSys XML | Text
      ENVIRONMENTAL PROTECTION AGENCY
      Final rule.
      The effective date for this action is October 6, 2015.
      40 CFR Part 312

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United States Code
U.S. Code: Title 42 - THE PUBLIC HEALTH AND WELFARE

Title 40 published on 2014-07-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 40 CFR 312 after this date.

  • 2014-10-06; vol. 79 # 193 - Monday, October 6, 2014
    1. 79 FR 60087 - Amendment to Standards and Practices for All Appropriate Inquiries
      GPO FDSys XML | Text
      ENVIRONMENTAL PROTECTION AGENCY
      Final rule.
      The effective date for this action is October 6, 2015.
      40 CFR Part 312