What is the meaning of retroactive liability?

retroactive liability is a liability is not limited to the current owner of a property, but includes people who have previously owned the property. (See liability).

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APABarry Goldsmith. (2010). retroactive liability. Retrieved September 20, 2026, from http://smartdefine.org/retroactive_liability/definitions/1162462
ChicagoBarry Goldsmith. 2010. "retroactive liability" http://smartdefine.org/retroactive_liability/definitions/1162462 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, retroactive liability, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/retroactive_liability/definitions/1162462>.
MLABarry Goldsmith. "retroactive liability" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/retroactive_liability/definitions/1162462>