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  • Georgia Brownfields Eligibility Form

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GEORGIA BROWNFIELDS ELIGIBILITY FORM CLOSING DATE FOR REAL ESTATE TRANSACTION (provide date, if known) A $3,000 APPLICATION FEE IN THE FORM OF A CHECK PAYABLE TO THE GEORGIA DEPARTMENT OF NATURAL.

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With certain legal exclusions and additions, the term "brownfield site" means real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant.

This Act amended the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA or Superfund) by providing funds to assess and clean up brownfields; clarified CERCLA liability protections; and provided funds to enhance state and tribal response programs.

Atlantic Station, the Beltline and Pullman Yards are examples of brownfield cleanup and redevelopment projects in Atlanta.

The Georgia Brownfield Act (OCGA 12-8-200, as amended), formerly the Hazardous Site Reuse and Redevelopment Act, provides liability protection to prospective purchasers of contaminated properties from third party claims arising from past releases and groundwater cleanup.

Under Georgia's Act, the limitation of liability is fully transferable to subsequent purchasers, unless such purchaser is otherwise liable for the contamination because of some prior interaction with the property. Georgia also provides tax incentives for brownfield redevelopments.

Georgia Brownfield Tax Credits Brownfields Tax Incentive (1994) – Mandates that environmental cleanup costs are fully deductible in the year they take place. In 2006, this tax incentive expanded to include petroleum cleanup.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232