An environmental site assessment may be required prior to purchase or financing of a property to ensure there are no contaminants or hazardous conditions that would require costly clean up. A typical environmental site assessment follows three crucial steps:
I. Conduct land record search available from Federal, State and local resources to determine historic and current property use. This may include interviews of current property owner, long-time residents, employees, and anyone else who may have historic knowledge of the property.
II. Inspect the interior and exterior of the site for hazardous material spills or dumps, underground storage tanks, asbestos containing materials, and other potentially harmful or dangerous environmental factors.
III. Prepare a report of our findings that satisfy state requirements established by ASTM and, if needed, consult with buyers, sellers, lenders, and legal teams to support pre-purchase decisions.