To amend provisions of the comprehensive Environmental Response, Compensation, and Liability Act of 1980 relating to Federal property transferred by Federal agencies, and for other purposes.

[AI summary unavailable — showing source text] Amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to provide that whenever a U.S. department, agency, or instrumentality (agency) enters into a contract for the sale or lease of, any grant of easement on, or any written agreement for other transfer of, real property (currently, for the sale or other transfer of real property) which is owned by the United States and on which a hazardous substance was stored for one year or more, known to have been released, or disposed of, the head of such agency shall include in such contract, lease, grant, or agreement (currently, contract) notice of the type and quantity of such hazardous substance and notice of the time at which such storage, release, or disposal took place. Provides that each deed entered into for a transfer of such property by the United States to any other person or entity shall contain a covenant warranting that remedial (currently, all remedial) action necessary to protect human health and the environment with respect to any hazardous substance remaining on the property has been taken before the date of the transfer. Specifies that, for purposes of such provision, remedial action has b…