Environmental Due Diligence: For Buyers and Sellers

Environmental concerns are turning into an undeniably critical yet they are still frequently neglected.  Hence, to make the right decision, every buyer or investor during the transaction of real estate holding needs the complete objective data empowering them to evaluate the dangers related with a buy, merger, acquisition or other property transaction. Other than money related matters, legal, market and procedural parameters, like environmental risks, play a vital role. This objective assessment is often done through environmental due diligence.

The main goal of environmental due diligence is thus the evaluation of all environmental concerns that may impact a transaction value or decision, before or after closing. Ensuring that the degree of environmental due diligence comes up with potential risk factors is vital.

As a part of any due diligence, the environmental Phase 1 site assessment systematically assesses any possible sources of environmental accountability related to a property and distinguishes documented environmental conditions in regard to a property.

A Phase 2 assessment, on the other hand, includes increasingly detailed examinations for example, the establishment of boreholes, air monitoring, groundwater studies, and contaminated land evaluation.

There are certain parameters involved in Environmental Due Diligence. These include:

·        Broad environmental risk assessment

·        Land evaluation

·        Examination of the current conditions and historical burdens

·        Legislative compliance evaluation

At Fulcrum, one of the best ASTM environmental site assessment companies in Texas and California and other parts of the USA, we are set up to establish and actualize an environmental due diligence strategy that gets you both insurance and negotiation for buyers. If you are keen to know how Fulcrum can help you with environment due diligence including phase 1 and phase 2 environmental site assessments, transaction screeningassessment you can visit our website https://www.frenviro.net/ or contact us to know more.