double wall underground tank Articles
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A REC is a REC, right? Wrong!
A Recognized Environmental Condition, or REC for short, is a term everyone involved in a commercial property transaction is familiar with. It is a potential problem area for the perspective commercial property buyer, a red flag to the lender, and often a headache for the seller and buyer both. Officially defined by ASTM International (ASTM, E-1527-05) as “the presence or likely presence of any ...
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