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A Phase I Environmental Site Assessment, often called a Phase I ESA, is generally performed on a commercial property usually as part of a sale/purchase or commercial financing by a broker or other lending institution. The objective is to protect a prospective buyer, property owner, or lending institution from some unforeseen aspect of the property that could affect the value or saleability of ...
Asbestos waste spills in a gray gash down the flank of a lush green hill above tribal villages that are home to thousands in eastern India. Three decades after the mines were abandoned, nothing has been done to remove the enormous, hazardous piles of broken rocks and powdery dust left behind. In Roro Village and nearby settlements, people who never worked in the mines are dying of lung disease. ...
A Phase I Environmental Site Assessment (Phase I ESA) A Phase I Environmental Site Assessment (Phase I ESA) is used to determine the liability to property buyers or financial institutions during mergers and acquisitions, refinancing of commercial real estate, and other situations in order to identify the environmental risks of a site and satisfy the “due diligence” efforts to ...
Phase I Environmental Site Assessment A Phase I Environmental Site Assessment, often called a Phase I ESA, is generally performed on a commercial property usually as part of a sale/purchase or commercial financing by a broker or other lending institution. It is intended to protect a prospective buyer, property owner, or lending institution from some unforeseen aspect of the property that could ...
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