What does a CERCLIS listing mean to potential purchasers, lenders and insurers?
A CERCLIS listing does not necessarily mean that a site is heavily contaminated or contaminated at all. Sites are entered into CERCLIS because they have been reported to the U.S. EPA as appearing to pose a threat of hazardous substance release and therefore require further federal investigation. The assessment process is conducted to confirm, before appropriate action can be taken, whether or not contamination is present and, if so, who may be affected by this contamination.
