When it comes to purchasing a new property, risk management should be your foremost consideration. It is just not prudent to skip a Phase 1 environmental site assessment.

A Phase I Environmental Site Assessment is the gold standard for evaluating the environmental liability associated with a real estate asset. Phase I Environmental Site Assessments done by Environmental Professionals who meet the requirements of the EPA's AAI Standard is a must.

Not all Phase I reports are created equal. Sometimes it can be difficult to tell the good from the not so good and the bad. At minimum a Phase I ESA should be performed to the most-current Phase I ESA standard (ASTM E1527-13). Contains clear summaries of Recognized Environmental Conditions (RECs), Historical RECs (HRECs), Controlled RECs (CRECs). Uses the correct terminology correctly. Includes discussion of Vapor Encroachment. And lastly has no “loose ends” or internal contradictions within the document.