On December 15, 2022, the United States Environmental Protection Agency (EPA) published an amendment to the All Appropriate Inquiries Rule (AAI Rule), 40 C.F.R. part 312. The AAI Rule.
On February 13, 2023, parties may rely on ASTM E1527 21 to satisfy All Appropriate Inquiries under CERCLA as amended. The EPA is phasing out acceptance of the prior version, ASTM E1527 13, which will no longer be acceptable for AAI purposes as of February 13, 2024.
Key Takeaways - • Effective February 13, 2023, parties may rely on ASTM E1527-21 to satisfy All Appropriate Inquiries (AAI) under the Comprehensive Environmental.
What You Need to Know- CERCLA requires prospective purchasers to conduct an “all appropriate inquiry” into the environmental conditions of a property to qualify for potential def.