Comprehensive Environmental Response Compensation And Liability Act Of Ercla


Definition of "Comprehensive environmental response, compensation, and liability act of 1980 (ercla)"

Act that makes the liability cost for cleanup joint and several. Even if a party is only partially responsible for losses inflicted, that party may be liable for the payment of the total cost involved in the cleanup. This liability is retroactive without stipulation as to time limit.



Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ