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Expert Analysis

Ill. Follows Vapor Intrusion Regulation Trend

Law360, New York (July 3, 2013, 12:24 PM EDT) -- Most commercial or industrial buyers of contaminated property, and virtually all lenders at contaminated sites, require sellers to either obtain a no-further-remediation letter (NFR) themselves, place money in escrow in an amount necessary to pay for the projected future cost of obtaining an NFR or reduce the sales price based on the projected NFR cost....

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