Intro to Phase I Phase II and Phase III ESA While purchasing, financing, or renovating a commercial, industrial or multi-unit residential property environmental site assessment will likely be required by your lender. It is important to note that environmental site assessment or preliminary site investigations are a crucial part of your due diligence process. It […]
Suppose you are a commercial property owner looking to buy or sell your property. Before finalizing your contract, a Phase I Environmental Site Assessment is strongly recommended if it wasn’t already made a requirement from the bank handling your primary financial transactions. A Phase I ESA is likely the cheapest form of due diligence and […]