Phase I Environmental Site Assessments (ESAs) are performed in order to identify any known or potential environmental issues that may have impacted or have the potential to impact the property. These assessments consist of a research-based investigation involving an inspection to observe current property operations, historical research of past uses, [...]
The American Society for Testing and Materials (ASTM) standard for Phase I Environmental Site Assessments (ESA) was recently revised and published in November of 2021 as ASTM E1527-21. The reason for the revisions is that all ASTM standards have an 8-year shelf life. Once you approach the shelf life of [...]
There are several factors that should be taken into consideration when evaluating recognized environmental conditions (RECs) during a Phase I Environmental Site Assessment (ESA). RECs are found on industrial and commercial properties for a variety of causes. This webinar will dive into what is evaluated to determine RECs, their potential [...]
A Phase I Environmental Site Assessment is the de facto Environmental Due Diligence standard (ASTM E1527-13) for most commercial property transactions in the United States. The Phase I is used to identify the presence or likely presence of Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) hazardous substances or petroleum [...]
