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In June 1985,Joseph Marcantuone and Robert Gieson Purchased Property Located

question 82

Multiple Choice

In June 1985,Joseph Marcantuone and Robert Gieson purchased property located in East Orange,New Jersey.At the time of purchase,the property was partly occupied and leased to Carriage Trade Cleaners,a dry cleaning establishment.A number of dry cleaners continuously operated on this site since 1930.Marcantuone and Gieson owned and operated a grocery store on another section of the property.They have never personally owned or operated a dry cleaning establishment on the property.JRM,LLC,and Sang Hak Shin were tenants on the property and the last operators of the dry cleaning establishment that utilized the hazardous substance tetrachloroethylene,or perchloroethylene (PCE) ,during the time Marcantuone and Gieson owned the property.The city of East Orange acquired the property through condemnation for the purpose of building a school on the property.But,the PCE was discovered on the property and out of the $629,407 given to Marcantuone and Gieson as compensation for the taking,the city held back $182,035.20 for the cost of the PCE clean-up.It cost the city a total of $212,000 to complete the clean-up of the property.
-What is the process of evaluating property prior to purchase called?

Definitions:

Non-verbal Communication

The process of conveying a message without the use of words, including gestures, facial expressions, and body language.

Interpersonal Space

The physical distance maintained between individuals to feel comfortable during social interactions.

Eye Contact

A form of nonverbal communication that occurs when two individuals look directly at each other's eyes.

Status

The relative social, professional, or other standing of someone or something within a group or society.