1995 Model Agreements with Prospective Purchasers of Contaminated Property
Transmittal memorandum, guidance, and model agreement and covenant not to sue concerning prospective purchasers of contaminated property. Issued 5/24/1995. (This document supersedes the discussion on prospective purchaser agreement in the 6/6/1989 landowner liability, de minimis, settlements, and prospective purchaser guidance.
On August 10, 2022, EPA and DOJ issued a new "Model Administrative Settlement Agreement for Removal Action by Prospective Purchaser." The current model is available for download in Word format from the prospective purchaser agreement category of the Cleanup Enforcement Model Documents Database.
The 1995 document is available in PDF format:
Guidance on Agreements with Prospective Purchasers of Contaminated Property (pdf)