If you are considering buying or selling commercial real estate in Kansas City, Kansas, it is essential to have a Phase I Environmental Site Assessment performed. This will help you identify potential environmental hazards and make informed decisions about the transaction.
When choosing a company to perform a Phase I ESAÂ it is crucial to select a qualified environmental professional, like the experts at Partner Engineering and Science, Inc., who is knowledgeable about local regulations and history as well as experienced. The company should be certified by a professional organization such as the Academy of Board Certified Environmental Professionals (ABCEP) or the National Environmental Balancing Bureau (NEBB).
A Phase I ESA in Kansas City, Kansas is typically required for the following types of real estate transactions:
Additional Kansas City, Kansas state and local information about PCAs can be obtained from the following resources:
It’s important to note that a Phase I ESA is typically required in many real estate transactions, especially when seeking financing from a lender. This assessment helps identify potential environmental liabilities that may impact the property’s value and legal obligations. Phase I ESAÂ guidelines are established by the American Society for Testing and Materials (ASTM) in the ASTM E1527-13 standard.
If the Phase I ESA identifies potential environmental concerns or Recognized Environmental Conditions (RECs), the environmental consultant may recommend that a Phase II ESA be performed. A Phase II ESA is a more detailed investigation that involves sampling and testing of soil, groundwater, and other environmental media to determine the nature and extent of any contamination.
