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November 30, 2009
During Pre-Foreclosure, Complete a New ESA
By Partner ESI
Published in Commercial Mortgage Insight
Foreclosing on a property can expose a lender to a host of new liabilities, even if an ESA was conducted when the loan originated. Written by Kimberly K. Houston of Partner ESI, read the article here.
When it comes to PFAS risk and liability, assembling a team of experts is crucial. It is advisable that you rely on the expertise, guidance, and insights of an experienced environmental consultant, a knowledgeable environmental attorney, and a skilled insurance broker familiar with emerging contaminants.
In commercial real estate transactions, particularly convenience stores (C-stores) with gas stations, conducting the Phase I Environmental Site Assessment (ESA) is traditionally considered to be the buyer's responsibility. However, sellers can also benefit significantly from conducting a Phase I ESA before listing their property for sale.
Recent EPA Ruling About PFAS Has Ramifications for Buyers of Commercial Real Estate. Learn How PFAS Risk Is Assessed and Managed During Acquisition. By By Kathryn Peacock, Steven Luzkow, & […]
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