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- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Phase I environmental site assessment Any piece of real estate can be the subject of a Phase I ESA. In the United States, an environmental site assessment is a report prepared for a real estate holding that identifies potential or existing environmental contamination liabilities.en.wikipedia.org/wiki/Phase_I_environmental_site_…A Phase I Environmental Site Assessment (ESA) is a comprehensive review of the environmental risks past, present and future on a commercial property. Typically done during a change in ownership of commercial property, buyers, sellers or banks commission them.a3e.com/what-is-a-phase-i-environmental-site-asse…A Phase I Environmental Site Assessment is a comprehensive evaluation integral to any property transaction or development project. This assessment primarily serves to identify potential environmental liabilities and contamination associated with a property.worldenv.com/environmental-site-assessment/phas…A Phase I Environmental Site Assessment (ESA) is the initial step in evaluating the environmental risks associated with a property. This assessment involves a thorough investigation of the site’s history, current conditions, and potential contaminants.www.aeasinc.com/understanding-environmental-sit…Phase I environmental site assessments (ESAs) are a form of environmental due diligence for property transactions involving a public records review, interviews with persons knowledgeable about the site, and a noninvasive survey of certain aspects of the site.www.perkinscoie.com/en/news-insights/epa-adopt…
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In the United States, an environmental site assessment is a report prepared for a real estate holding that identifies potential or existing environmental contamination liabilities. The analysis, often called an ESA, typically addresses both the underlying land as well as physical improvements to the property. A … See more
As early as the 1970s specific property purchasers in the United States undertook studies resembling current Phase I ESAs, to assess risks of ownership of commercial properties which had a high degree of risk from prior toxic See more
Scrutiny of the land includes examination of potential soil contamination, groundwater quality, surface water quality, vapor intrusion, and sometimes issues related to hazardous … See more
While there are myriad sites that have been analyzed to date within the United States, the following list will serve as examples of the subject matter:
• See moreThere are several other report types that have some resemblance in name or degree of detail to the Phase I Environmental Site … See more
A variety of reasons for a Phase I study to be performed exist, the most common being:
• See moreOften a multi-disciplinary approach is taken in compiling all the components of a Phase I study, since skills in chemistry, atmospheric physics, geology, microbiology and even botany are frequently required. Many of the preparers are See more
In Japan, with the passage of the 2003 Soil Contamination Countermeasures Law, there is a strong movement to conduct Phase I studies more routinely. At least one jurisdiction … See more
Wikipedia text under CC-BY-SA license What is a Phase I Environmental Site Assessment
WEBApr 9, 2018 · A Phase I Environmental Site Assessment, commonly referred to as an ESA, or Phase I ESA, is completed to research the current and historical uses of a property as part of a commercial real estate transaction.
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