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<br />8.2. Environmental Laws. To the best of Seller's knowledge, no toxic or hazardous
<br />substances or wastes, pollutants or contaminants (including, without limitation,
<br />asbestos, urea formaldehyde, the group of organic compounds known as
<br />polychlorinated biphenyls, petroleum products including gasoline, fuel oil, crude
<br />oil and various constituents of such products, and any hazardous substance as
<br />defined in any state, local or federal law, regulation, rule, policy or order relating
<br />to the protection of the environment) (collectively, "Hazardous Substance") have
<br />been generated, treated, stored, transferred from, released or disposed of, or
<br />otherwise placed, deposited in or located on the Property, nor has any activity
<br />been undertaken on the Property that would cause or contribute to the Property
<br />becoming a treatment, storage or disposal facility within the meaning of, or
<br />otherwise bring the Property within the ambit of, any state, local or federal law,
<br />regulation, rule, policy or order relating to the protection of the environment. To
<br />the best of Seller's knowledge, there has been no discharge, release or threatened
<br />release of Hazardous Substances from the Property. To the best of Seller's
<br />knowledge, there are no Hazardous Substances or conditions in or on the Property
<br />that may support a claim or cause of action under any state, local or federal law,
<br />regulation, rule, policy or order relating to the protection of the environment. The
<br />Property is not now, and to the best knowledge of Seller never has been, listed on
<br />any list of sites contaminated with Hazardous Substances, nor used as landfill,
<br />dump, disposal or storage site for Hazardous Substances.
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<br />8.3. FIRPTA. Seller is not a "foreign person", "foreign partnership", "foreign trust" or
<br />"foreign estate", as those terms are defined in Section 1445 of the Internal
<br />Revenue Code.
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<br />8.4. Wells and Individual Sewage Treatment Systems. The Seller certifies and
<br />warrants that the Seller does not know of any "Wells" on the described Property
<br />within the meaning of Minn. Stat. ~ 1031 or "Individual Sewage Treatment
<br />Systems" on the described Property within the meaning of Minn. Stat. ~ 115.55.
<br />This representation is intended to satisfy the requirements of those statutes.
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<br />8.5. Storage Tanks. No above ground or underground tanks are located in or about the
<br />Property, or have been located under, in or about the Property and have
<br />subsequently been removed or filled. To the extent storage tanks exist on or
<br />under the Real Property, such storage tanks have been duly registered with all
<br />appropriate regulatory and governmental bodies, and otherwise are in compliance
<br />with applicable federal, state and local statutes, regulations, ordinances and other
<br />regulatory requirements.
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<br />8.6. Reports. Seller has delivered to Buyer copies of all environmental reports and
<br />studies relating to the Property which are in the possession of Seller.
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<br />8.7. No Conflict or Lien. Neither the execution or delivery of this Agreement nor the
<br />consummation of the transaction as contemplated herein will conflict with or
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