A REC is a recognized environmental condition. According to the ASTM E 1527-13, it is defined as “the presence or likely presence of any hazardous substances or petroleum products in, on, or at a property.” Basically, a REC is any possible source of contamination. A contamination release can come from improperly functioning hydraulic machinery, improperly contained or disposed chemicals, or a leaking storage tank, to name a few.
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