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Backfill - Clean soil replacing excavated contaminated soil.
Bankruptcy - A sale of property due to the financial involvency of its owner who has filed for bankruptcy protection.
Basin - A low-lying area used to collect water or other fluids.
Bell Chart - An organizational chart used in the real estate professions that delineates 10 classifications of real estate damages and detrimental conditions.
Below-ground release - Any release of contaminants to the subsurface or the groundwater, such as from an underground storage tank.
Benign condition - Any condition that occurs but has no impact on the real estate associated with the event.
Benzene - A fuel additive that is 2% to 4% of gasoline; a known carcinogen.
Blast zone - The area impacted by the explosion of a bomb, volcano, or other situation.
Blight - A disease or injury of plants resulting in withering, cessation of growth, and death of parts without rotting. Also, a term to describe older neighborhoods with high crime rates.
Blowdown - The discharge of recirculating water for the purpose of discharging materials within the system. This eliminates the buildup of materials that could cause damages.
Bonds - A loan where the payments are a legal obligation of the property owner.
Building area - The square footage of the improvements as defined by various real estate organizations.
Brackish marsh - A marsh, bog, or swamp that receives an influx of both salt and fresh water.
Brownfield - A large site that has been contaminated from operations on the site. Upon remediation, it may be referred to as a greenfield.
BTEX - Benzene, toluene, ethylbenzene, and xyleneprimary toxins of soils and groundwater associated with petroleum products.
Build to suit - Improvements that are constructed to the specifications of a specific buyer or tenant.
Building condition - Any defective material, deferred maintenance or workmanship to the improvements.
Burglary - A property where there has been a history of robbery or burglary.
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