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Environmental site
assessments are provided by American Environmental Consultants.
AEC understands that due diligence environmental
site assessments or environmental transaction screens are
just one aspect of a real estate transaction. Our objective is
to ensure that due diligence disclosures are presented in a clear,
concise, and complete report without speculation. During our environmental
site assessments we identify and evaluate potential and recognized
environmental issues and concerns that our clients may encounter
when financing, acquiring, or managing real estate.
The purpose of AEC's Phase I Environmental
Site Assessments is to provide an independent, professional
opinion of any recognized environmental conditions and potential
environmental liabilities associated with the real estate. Based
on the results of the assessment, we provide practical, economical,
and sound environmental recommendations if needed or applicable.
In general, due diligence environmental
site assessments include, but are not limited to, the following:
- Inspecting the site to assess potential environmental liabilities,
such as storage tanks, polychlorinated biphenyls, asbestos,
hazardous chemicals, petroleum products, and wastes
- Interviewing property managers or other parties familiar with
the current and historical use of the real estate
- Reviewing regulatory environmental files and databases
- Researching site history
- Reviewing adjacent properties to evaluate potential sources
off-site contamination
- Reviewing property environmental files and reports, as available
AEC's Phase I Environmental Site Assessment meets the
scope and limitations of ASTM's "Standard Practice For Environmental
Site Assessments," E 1527 and E 1528, which define good commercial
and customary practice for conducting Phase I and II Environmental
Site Assessments and establishing "due-diligence." AEC's
assessments are intended to satisfy the due diligence requirements
to qualify the site owner for the innocent landowner defense to
CERCLA liability.
In addition to Phase I assessments, we can also handle Phase
II and Phase III assessments, if necessary.
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