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Limited Environmental Review

A Limited Environmental Review (LER) is a cost-effective due diligence screening tool for evaluating environmental risk often used by lenders, brokers and investors as part of a tiered approach to environmental risk management. The review provides a limited-scope assessment that does not include a visit by the environmental consultant to the subject property, often used… Continue Reading →

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Records Search with Risk Assessment

The Records Search with Risk Assessment (RSRA) is a more comprehensive desktop report that meets SBA Lender and Development Company Loan Programs (SOP 50 10 (5)) Requirements for environmental due diligence at low-risk properties. The Records Search and Risk Assessment involves: Database search of federal, state and local regulatory agencies Historical record review (fire insurance… Continue Reading →

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Transaction Screen Assessment

An ASTM Practice E1528-14 Standard Practice for Limited Environmental Due Diligence, or Transaction Screen Assessment (TSA) is quick-turnaround, inexpensive, and effective approach to assess environmental risk of a property. Transaction Screens are usually conducted for commercial properties, residential developments, agricultural properties, and industrial properties for real estate transactions or for bank refinancing. The purpose of… Continue Reading →

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ASTM Phase I Environmental Site Assessment

An ASTM Phase I performed in accordance with ASTM E1527-13 is generally intended to qualify a buyer for the innocent landowner defense to CERCLA (Comprehensive Environmental Response, Compensation and Liability Act) liability. An ASTM Phase I applies practices that constitute ‘all appropriate inquiry into the previous ownership and uses of the property consistent with good… Continue Reading →

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ASTM Phase II Environmental Site Assessment

A Phase II ESA is performed when the Phase I ESA identifies Recognized Environmental Conditions (RECs) and/or recommends further investigation. A Phase II ESA is actually a screening to determine if potential contamination and/or hazardous materials are present to assist in making informed business decisions about the property. The standard of the Phase II ESA… Continue Reading →

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Vapor Intrusion Assessments

Vapor Intrusion refers to what happens when chemical vapors migrate from the soil or groundwater into a home or other building. Many chemicals that move into buildings this way are classed as volatile organic compounds (or VOCs). The term volatile means unstable, which in turn means these chemicals are likely to exist in gas (aka… Continue Reading →

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