The ability to transfer ownership of a property containing asbestos is a complex matter governed by various regulations and disclosure requirements. While a complete prohibition on selling such properties is uncommon, the legal landscape surrounding the transaction necessitates careful consideration of both federal and local laws.
Historical applications of this material in construction render its presence relatively common in older buildings. The potential health risks associated with disturbed asbestos fibers drive the need for transparency and due diligence during property sales. Failure to adhere to pertinent regulations can result in legal repercussions and financial liabilities for the seller.
