If the question is “Do I need a Phase I Environmental Assessment on vacant land?”, then the answer is “Not necessarily” but if the question is, “Do I need some kind of environmental assessment on vacant land?”, then the answer is almost certainly yes. You have options though and all the options have pro’s and

According to the governing body that decides what the standards are for Phase I Environmental Surveys, a Phase I ESA is good for 6 months. You can see the American Society of Materials and Testing (ASTM) standard here. There are ways around having to pay for a full Phase I Environmental Survey though. The reasons

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The most common way to clear a Recognized Environmental Condition (REC) from a Phase I Environmental Study is to complete a Phase II Environmental Study. The results will answer with hard science, if the REC is a concern and if it needs to be further remediated. What is a REC? A REC is basically an

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Phase I Environmental Inspections are performed by environmental professional who is trained to find past, present or future threats of environmental contamination walks through a property and inspects for environmental risks as part of the scope of work of a Phase I ESA. Phase I ESAs are done by environmental consulting companies, and environmental professionals

The organization that established guidelines for the Phase I Environmental Study is the American Society of Testing and Materials (ASTMAmerican Society for Testing Materials (ASTM) ASTM is the governing body which determines what standards the environmental consulting business operates under. The reason this is important is because the reports we create need to be read

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A Phase I ESA is mainly used to prevent the accidental purchase of a contaminated or otherwise environmentally compromised commercial property at a price that doesn’t take into account the environmental risk or impact. The strategies for purchasing a Phase I ESA depend on which party you are to the transaction. There are generally three

The organization that established guidelines for the Phase 1 Environmental Study is the American Society of Testing and Materials (ASTMAmerican Society for Testing Materials (ASTM) ASTM is the governing body which determines what standards the environmental consulting business operates under. The reason this is important is because the reports we create need to be read

Tagged under: ,

Phase 1 Environmental Inspections are performed by environmental professional who is trained to find past, present or future threats of environmental contamination walks through a property and inspects for environmental risks as part of the scope of work of a Phase I ESA. Phase 1 ESAs are done by environmental consulting companies, and environmental professionals

When buying commercial real estate everyone knows about Phase 1 Environmental Reports. The Phase 1 ESA is the gold standard when it comes to environmental due diligence. Most investors don’t know that there are other options, less expensive options that are often better choices for determining environmental risk based on constraints of money and time.

The most common way to clear a Recognized Environmental Condition (REC) from a Phase 1 Environmental Study is to complete a Phase 2 Environmental Study. The results will answer with hard science, if the REC is a concern and if it needs to be further remediated. What is a REC? A REC is basically an

Tagged under: , ,

According to the governing body that decides what the standards are for Phase 1 Environmental Surveys, a Phase 1 ESA is good for 6 months. You can see the American Society of Materials and Testing (ASTM) standard here. There are ways around having to pay for a full Phase 1 Environmental Survey though. The reasons

Tagged under: ,

If the question is “Do I need a Phase 1 Environmental Assessment on vacant land?”, then the answer is “Not necessarily” but if the question is, “Do I need some kind of environmental assessment on vacant land?”, then the answer is almost certainly yes. You have options though and all the options have pro’s and

A Phase 1 ESA is mainly used to prevent the accidental purchase of a contaminated or otherwise environmentally compromised commercial property at a price that doesn’t take into account the environmental risk or impact. The strategies for purchasing a Phase 1 ESA depend on which party you are to the transaction. There are generally three