The New ASTM E1527-21 Standard for Phase 1 Environmental Site Assessment Reports Quarter four of the year 2021 entails an update to the ASTM Standard for Phase 1 Environmental Site Assessment reports. The current ASTM standard for a Phase 1… Read More »ASTM E1527-21 Standard for Phase 1 Environmental Site Assessment
Environmental Due Diligence
Human Health Risk Assessment (HHRA) A Human Health Risk Assessment (HHRA) evaluates the potential dangers to people where there may be some exposure to chemical contaminants in soil, groundwater, ambient air, or soil-gas. Typically, the recommendation for an HHRA stems… Read More »Human Health Risk Assessment (HHRA)
Phase 2 Environmental Recommendation in a Phase 1 Environmental Report? In some cases, there may be a Phase 2 Environmental recommendation for a property, resulting from a Phase 1 Environmental Site Assessment. Typically, this occurs when one or more Recognizable… Read More »Phase 2 Environmental Recommendation from Phase 1 Environmental?
Remedial Action Plan A Remedial Action Plan, or Remediation Plan is a guideline that proposes a series of engineering and geological procedures, in order to feasibly perform contamination cleanup actions over a strategic period of time. When pollution exists on… Read More »What is a Remedial Action Plan?
Environmental Professional Definition Environmental Professional: As per the EPA’s All Appropriate Inquiries Rule, an environmental professional is an environmental consultant that has an accredited education in earth or natural science, at least five years of formal training under another environmental… Read More »Environmental Professional Definition
All Appropriate Inquiries (AAI) The term “All Appropriate Inquiries” (AAI) is defined as the official EPA and ASTM method to inquire about current or historical environmental conditions that may exist on a property, in relation to their legal and environmental liabilities… Read More »All Appropriate Inquiries (AAI)
Geology for Rock Climbers Geology for rock climbers tends to be a science of newfound interest. A field of study, which apparently, wasn’t the most popular among Millenials during their formative years. Although to be honest, most people do remember… Read More »Geology for Rock Climbers
Environmental Questionnaire Sample & Example An environmental questionnaire is a preliminary task in the environmental due diligence process by lenders and other information-seekers. The questionnaire screens the environmental hazards of a property undergoing any transaction. It consolidates the known facts… Read More »What is an Environmental Questionnaire?
De Minimis Condition in Phase 1 ESA Reports? A de minimis condition, as per the ASTM E1527 Standard for Phase 1 Environmental Site Assessment reports, is a property condition that doesn’t pose a threat to human health or the environment.… Read More »De Minimis Condition in Phase 1 ESA Reports?
Reporting Results of an Environmental Due Diligence Investigation “Are there requirements for reporting results of an Environmental Due Diligence Investigation to the government?” Each case is different. The answer is generally “no,” because ESA reports are typically proprietary. However, if… Read More »Reporting the Results of an Environmental Due Diligence Investigation
What is a Brownfield Site (Brownfields)? A Brownfield site is real property with plans for redevelopment, that has the potential presence of pollution and subsurface hazardous substance contamination. And the Brownfields Revitalization and Environmental Restoration Act of 2001 (also known… Read More »What is a Brownfield Site and Brownfields?
Price of Phase II Environmental Site Assessment Phase II ESA Cost The price of a Phase II Environmental Site Assessment can vary, depending on the aspects of a property. The Phase II Environmental Site Assessment cost is typically between $5,000… Read More »Price of Phase II Environmental Site Assessment & Phase II ESA Cost
What is a Phase II ESA in Real Estate Due Diligence? The term “Phase II ESA” is short for Phase II Subsurface Investigation. It is an environmental due diligence report that typically follows the Phase 1 Environmental Site Assessment process… Read More »What is a Phase II ESA in Real Estate Due Diligence?