Phase 1 Environmental Assessment

Phase 1 Environmental reports are prepared for real estate and business transactions such as: land purchases, building purchases, leases, business purchases, new residential developments and bank loans. Our Phase 1 ESA reports adhere to American Society for Testing and Materials (ASTM) Standard E-1527-05. This ASTM standard adheres to the Environmental Protection Agency All Appropriate Inquiries Rule, codified into the federal regulations by the EPA (40 CFR Part 312). This type of Phase 1 Environmental report is the one required by lenders and is highly recommended prior to purchasing commercial or industrial real estate, or prior to starting new residential developments.

Phase 1 Environmental Reports

Phase 1 Environmental Site Assessment (ESA) reports should be conducted any time you purchase a commercial or industrial property. The Phase 1 ESA survey is also recommended when purchasing undeveloped, vacant land. If you are buying a house in or adjacent to a commercial area or next to a service station, dry cleaners or other environmentally sensitive business, you should also have a Phase I report performed on the property prior to taking title.

The main purpose of a Phase 1 Environmental report is to make sure you know the true value of the property and to assure there is no soil or groundwater contamination from previous use or neighboring sites that may be impacting the property's value or limiting its use due to regulatory-mandated cleanup, or in worse cases causing civil liability. This civil liability can be caused by human health exposure and offsite migration and devaluation of neighboring properties. This is something you don't want to learn about after you buy the property. The Phase 1 report should adhere to ASTM Standard E-1527-05 in order to provide Landowner Liability Protection and to discover any unknown environmental problems at the property.

click below to see what is required in a Phase 1 Environmental report:

Phase 1 Environmental Requirements

Practical Environmental Assessments for today's economy and a balanced ecology

With our team being located within every major city in North America, we are able to complete Phase 1 Environmental reports economically and fast! Over 5,000 projects completed and we have never had a report rejected by a lender and we have never been sued for errors or omissions. We do carry $2 million Professional Liability/Errors & Omissons insurance, as well as, $1 million in auto insurance, so you are protected when you hire AAI to conduct your report and visit your property.

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Looking for a more in-depth discussion of Phase I Environmental? Our Phase One Environmental resources and requirements page will give you everything you wanted to know about the Phase I Environmental Site Assessment. You will find answers to all of your questions for Phase I Environmental reports here......Phase I Environmental Details and Resources.