Chicago, IL asked in Energy, Oil and Gas for Illinois

Q: I am considering purchasing a former gas station site and repurposing it for my business but am worried about cleanup.

What legal issues should I be aware of?

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1 Lawyer Answer
Steve McCann
Steve McCann
  • Chicago, IL
  • Licensed in Illinois

A: Yes, that is certainly a valid concern, as I have witnessed clean up costs ending up being much more than anticipated on similar transactions. There are several legal issues you should be aware of, ranging from local ordinances to federal regulations through the EPA. I would highly recommend being proactive, and consulting with an attorney immediately to discuss the details of this situation. A knowledgeable attorney will review the facts, and advise you as to the most suitable course of action moving forward so you are best prepared for inevitable issues that lie ahead.

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