When buying and selling commercial and industrial real estate there is always an inherent risk of encountering environmental problems. The environmental condition of a piece of real estate can have a significant affect on its value while the cost of an environmental clean-up can impose serious economic hardships on property owners and their businesses.

An Environmental Site Assessment performed before the purchase of commercial and industrial properties can minimize the potential for these problems. The necessary level of inquiry will depend on the type of property being assessed. For example, a fifty-year-old manufacturing facility will require a higher level of inquiry than an undeveloped tract of land.

An environmental site assessment includes a review of federal and state records, a reconnaissance of the subject property, and interviews with past and present owners and occupants. These Phase I Environmental Site Assessments are performed so that our client can satisfy one of the requirements to qualify for the innocent landowner defense to CERCLA liability.

Seramur & Associates, PC follow the ASTM Phase I Environmental Site Assessment (Standard E 1527) process. This is a thorough investigation into the environmental condition of a property.