Considerations for Buying a Contaminated Property in Michigan
November 29 @ 3:00 pm - 4:00 pm
You’ve been through a Phase I Environmental Site Assessment (ESA) and Phase II Investigation process, and it has identified contamination above regulatory criteria on the property you are planning to purchase. What do you do now?
A “facility” (Part 201) or a “property” (Part 213) is defined by Michigan’s cleanup programs as any area, place, or property where a hazardous substance in excess of the established state cleanup standard for residential property has been released, deposited, disposed of, or otherwise comes to be located.
If purchasing a “facility” or “property” there are a few things that will need to be completed in order to obtain liability protection and fulfill Due Care responsibilities. These include completing a Baseline Environmental Assessment (BEA), a Response Activity Plan (ResAp), and/or Documentation of Due Care Compliance (DDCC). During this webinar we will discuss each one of these items and how they apply to various scenarios.