A Phase I Environmental Site Assessment (ESA) is a process of evaluating the potential for environmental contamination on a property. Phase I ESAs are often required by lenders as a condition for commercial and industrial real estate loans. They can also be conducted for other purposes, such as property due diligence, risk assessment, and compliance with environmental regulations.
In Jacksonville, Florida, Phase I ESAs are typically conducted in accordance with the American Society for Testing and Materials (ASTM) Standard E 1527-21. This standard specifies the scope of work and reporting requirements for Phase I ESAs.
Here are some of the benefits of having a Phase I ESA conducted on a property in Jacksonville, Florida:
If you are considering buying or selling a property in Jacksonville, Florida, it is important to have a Phase I ESA conducted by a qualified environmental consultant, such as professionals with Partner Engineering and Science, Inc.
