Environmental due diligence can help you determine a property true value through the performance of a Phase I Environmental Site Assessment prior to acquisition of a property to identify any potential environmental concerns that may exist. Overlooking this concern can cost you substantial future environmental expenditures, even if you did not create or contribute to the contamination.
[USPRwire, Thu Jun 04 2009] American Environmental Assessment & Solutions, Inc. (American Environmental), a leading environmental consulting company announced today a Spring Special on Phase I Environmental Site Assessment.
A Phase I Environmental Site Assessment (ESA) is the gold standard for evaluating the environmental liability associated with a real estate asset. The purpose of the Phase I ESA is to gather sufficient information to develop an independent professional opinion about the environmental condition of the property and to identify actual or potential environmental contamination which may impact the property value or effect claim to an "innocent land owner" exemption following acquisition.
American Environmental Phase I ESA includes:
Performance of an on-site visit to view present conditions and evaluate any likely environmentally hazardous site history.
Evaluation of risks of neighboring properties upon the subject property Review of Federal, State, Local and Tribal Records
Interview of persons knowledgeable regarding the property history (past owners, present owner, key site manager, present tenants, neighbors).
Examine historic document of the site and of its vicinity.
Financial institutions frequently require that a Phase I ESA be conducted to accomplish this task. This assessment will provide you with information to assist in making an informed business decision. Overlooking this concern can cost you substantial future environmental expenditures, even if you did not create or contribute to the contamination.
For additional information, please contact: American Environmental Assessment & Solutions, Inc,
Contact:
Antoinette Ollivierre
American Environmental Assessment & Solutions, Inc
PO Box 6376
North Babylon, NY 11703
718-209-0653
info@aeasinc.com
http://www.aeasinc.com
Company: American Environmental Assessment & Solutions, Inc
Contact Name:
Antoinette Ollivierre
Contact Email:
info@aeasinc.com
Contact Phone:
718-209-0653
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