by grsgrouptest | Apr 27, 2012 | Blog
Due diligence consultants are regularly asked to conclude a single right answer in a world dominated by variables. Appraisals, for example, provide an estimated value which, in combination with other variables, determines the amount of money lenders are willing to...
by grsgrouptest | Feb 28, 2012 | Blog, Uncategorized
A few months ago, I had the opportunity to speak with Patricia Overmeyer, who led EPA’s project to define all appropriate inquiries – the actions property buyers must take to attempt to identify environmental contamination of properties before acquisition....
by grsgrouptest | Feb 22, 2012 | Blog, Uncategorized
Most clients, these days, ask consultants to include recommendations in Phase I Environmental Site Assessments (ESAs), but did you know that there are no standards for the development of these recommendations? The standard which governs most ESAs, ASTM E 1527,...
by grsgrouptest | Feb 3, 2012 | Blog, Uncategorized
Property buyers who fail to perform all appropriate inquiry before acquiring real estate may not qualify for defenses to CERCLA liabilities. “All Appropriate Inquiry” (AAI) is a process defined by EPA and requires both an assessment by an environmental...
by grsgrouptest | Jan 27, 2012 | Blog, Uncategorized
HREC or Historical Recognized Environmental Condition is a sometimes misunderstood term used in Phase I Environmental Site Assessments and is commonly used to describe situations in which contamination is known to have occurred at a property and cleanup has been...
