When properties change hands, or when a commercial property requires renovation, environmental due diligence reports are used to confirm the property’s condition. Among the possible investigations is a Hazardous Materials Survey. At issue is whether there are any hazardous materials on the property from past or current uses, or from past or current construction …
Environmental due diligence is required for commercial property transactions in most municipalities. This involves one or more investigation, which must be performed by an environmental professional, to determine whether a property contains any hazardous materials, or is exposed to hazardous materials from neighboring properties. In most regions, there are dozens of firms offering to perform …
Do you really want the cheapest environmental investigations you can find? Commercial real estate transactions always involve some risk. The larger the transaction, typically, the greater the possible risks that might impact buyers, investors, or lenders. For properties with possible environmental issues, the risks are even greater. Most purchases of older properties in urban areas …
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