Environmental
Due Diligence
-Phase I Environmental Site Assessments (ESAs)
-Environmental Transaction Screens (ETS)
-Records Search with Risk Assessment (RSRA)
-Desktop Environmental Reports
-Environmental Regulatory Database Reviews
-Historical Document Review
-Phase II ESAs
-Property Inspections and Evaluations
-Transaction Screen Assessments (TSAs)
Phase I ESA
At CES, we understand that a thorough and accurate Phase I ESA is critical in protecting you from potential environmental liabilities associated with a property. Our team has extensive experience working with a variety of clients, including real estate developers, lenders, and property owners, to ensure that their Phase I ESAs are completed accurately and efficiently to current ASTM standards.
At CES, we have extensive experience conducting Phase I ESAs on rural, undeveloped properties. We understand the unique characteristics of these types of properties, including differences in land use and site history, and we pride ourselves on our ability to deliver Phase I ESAs that meet ASTM standards and satisfy the requirements of All Appropriate Inquiry (AAI), while also being tailored to the specific history of each property.
Whether you require a Phase I ESA for lending due diligence, large land transactions, or conveyances, our team of experienced environmental professionals can provide you with quality service. We understand the importance of identifying potential environmental risks associated with a property, and we are committed to providing our clients with accurate and thorough assessments that can help minimize future liabilities.
Contact us today to learn more about our Phase I ESA services for rural, undeveloped properties, and how we can help you mitigate environmental risks associated with your property.
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Under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), a purchaser can be held accountable if they fail to conduct the necessary due diligence on real estate that is subsequently identified as contaminated. In a conventional loan arrangement, this liability might extend to the lender. To safeguard a purchaser from such liabilities, they must prove that they've carried out the required investigations known as "all appropriate inquiries" (AAI). This demonstration of AAI can be achieved by conducting a Phase I Environmental Site Assessment in accordance with the prevailing ASTM standard (ASTM E1527-21).
Additional
Section Subtitle
-Phase I Environmental Site Assessments (ESAs)
-Environmental Transaction Screens (ETS)
-Records Search with Risk Assessment (RSRA)
-Desktop Environmental Reports
-Environmental Regulatory Database Reviews
-Phase II ESAs
-Property Inspections and Evaluations
-Transaction Screen Assessments (TSAs)