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Enforceable Written Assurance Application - Bona Fide Prospective Purchaser is a legal document that was released by the Utah Department of Environmental Quality - a government authority operating within Utah.
Q: What is an Enforceable Written Assurance Application?
A: It is an application made by a Bona Fide Prospective Purchaser in Utah.
Q: Who is considered a Bona Fide Prospective Purchaser in Utah?
A: A Bona Fide Prospective Purchaser is someone who wants to purchase property and is not potentially liable for any contamination on the property.
Q: What does the Enforceable Written Assurance Application provide?
A: It provides legal protections to the Bona Fide Prospective Purchaser regarding potential contamination on the property.
Q: What is the purpose of the Enforceable Written Assurance Application?
A: The purpose is to encourage the cleanup and redevelopment of contaminated properties by providing liability protection to potential buyers.
Q: Why would someone apply for an Enforceable Written Assurance in Utah?
A: To ensure they are not held liable for contamination on a property they want to purchase.
Q: How can someone apply for an Enforceable Written Assurance in Utah?
A: They would need to submit an application to the Utah Department of Environmental Quality (DEQ).
Q: What are the benefits of receiving an Enforceable Written Assurance?
A: The recipient is protected from certain liability for existing contamination and can move forward with redevelopment plans.
Q: Are there any exceptions to the liability protection provided by an Enforceable Written Assurance?
A: Yes, there are exceptions for activities or conditions not disclosed in the application or known to the recipient.
Q: Does an Enforceable Written Assurance guarantee a clean property?
A: No, it only provides liability protection and does not guarantee the absence of contamination.
Q: Is an Enforceable Written Assurance transferable?
A: Yes, it can be transferred to subsequent owners of the property.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the Utah Department of Environmental Quality.