Who All Can Benefit From Environment Due Diligence?

-

When making a commercial land transaction, hidden environmental liabilities can be annihilating, sometimes penalizing up to tons of dollars. In case you're going to make a noteworthy land transaction such as buying, sale, rent, or refinancing, at that point, environmental due diligence will be a key instrument for controlling the risks and staying away from liabilities.

 Environmental due diligence is a formal procedure that evaluates the site area for potential danger of environmental contamination, for instance, soil or groundwater contamination. These standards for conducting environmental due diligence are proposed by the Environmental Protection Agency (EPA).

 Protecting yourself with Environmental Due Diligence: 

 Appropriate investigations made through environmental due diligence can defend you from the conceivably devastating environmental liabilities under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), regardless of whether contamination is brought into being after the purchase.

 Benefiting from the ASTM environmental site assessment

 The Transaction Screen Assessment, a Phase I Environmental Assessment Report, is the most popularly accepted report by lenders. By identifying and figuring out the environmental concerns related to a property, buyers can also benefit from the environmental due diligence. This can help the buyers that they get the best value after the assessment can negotiate sufficient reduction in the price of the property.

 Along these lines, make sure you get your due diligence, early, and done well.

 At Fulcrum, we are prepared to develop and actualize an environmental due diligence strategy that gets you both protection and negotiation for buyers. If you are interested in knowing how Fulcrum can help you with environment due diligence including phase 1 and phase 2 environmental site assessments, you can visit our website https://www.frenviro.net/ or contact us at 800-385-7105 to know more about our services.

Location: 517 S Ivy Ave, Monrovia, CA 91016, USA

Comments

Post a Comment

Popular posts from this blog

First Environmental Assessment Company of Phase I Sites

-
Image
  The phase I environmental site assessment (ESA) forms the basis of any responsible redevelopment project and offers legal protection for environmental liability, which is important for every landowner. The site environmental assessment aims to find contaminants, hazardous substances, or pollutants that may threaten the health of the site environment and public health. By examining historic and contemporary site documentation, a site assessment can help identify potential areas of environmental concern. Whenever potential site contamination is suspected, the Environmental Protection Agency (EPA) states that a Phase I site environmental assessment should be conducted. In practice, however, it is best to assume that any site may contain hidden contaminants from any stage of its historical commercial or industrial use. What are the phases of the Phase I Site Environmental Assessment? Review of environmental and historical documents Site inspection Reports of surrounding locations Meeti
Read more

Remediating the Environment: Need and the Business

-
Image
We are in a time of rapid change in our industry, which is pushing us to better understand our complex and challenging sites through the use of innovative and sustainable remedial strategies and technologies. Emerging contaminants, evolving regulatory focus, transformational data acquisition and augmented reality visualization are re-shaping the environmental remediation , and we need to both drive and respond to these factors. Efforts of the government to determine the toxicity, bioaccumulation, and persistence of pollutants are well underway. There are a number of environmental companies in the USA that are working towards remedial landscape. To help with natural remediation, the organizations help wipe out radiation sources so as to help secure the environment. When a site is associated with contamination, there is a call for evaluation of the contamination. The environment assessment company manage the assessment system and the type of sampling and chemical tests to be c
Read more