Q: What is the "Industrial Site Recovery Act".

A: The Industrial Site Recovery Act ("ISRA") is a New Jersey law (N.J.S.A 13:1K-6) that regulates and mandates disclosures and remediation/cleanup obligations on business owners prior to closing or selling a business specifically identified under ISRA as an "industrial establishment". If you are selling or buying a New Jersey business (including gas stations) that may involve or have involved the "generation, manufacture, refining, transportation, treatment, storage, handling or disposal of hazardous substances" you must evaluate and discuss ISRA compliance issues with your business lawyer. The New Jersey Department of Environmental Protection regulates ISRA notification and compliance.



Charles N. Internicola, is a business attorney, author and speaker who represents individuals, entrepreneurs and established business owners in New York and New Jersey business transactions.  Charles is the author of "An Entrepreneurs Guide to Purchasing a Business" and he is the publisher of the "New York Franchise Law Blog".  If you are buying or selling a business in New York or New Jersey, purchasing a franchise or involved in a license or lease transaction Contact Charles Internicola to discuss the dedicated and precise legal representation that he provides to his clients and the steps that he will take to protect your business interests.


IMPORTANT DISCLAIMER: The information contained on this website is provided for general educational purposes only, should not be relied on as legal advice and does not serve to create an attorney client relationship. In utilizing this website you acknowledge that there is no attorney client relationship between you and Charles N. Internicola, Esq. and that the information contained on this site does not and cannot serve as a replacement for the competent legal advice of a licensed attorney in your state. The content of this website is subject to the Copyright of its author, Charles N. Internicola, Esq.
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