phase 1 environmental site assessment

phase one environmental

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transaction screen assessment

limited environmental screen

 

Transaction Screen Assessment (TSA)

Transaction Screen Assessment reports adhere to the American Society of Testing & Materials Standard E-1528-06 for Limited Environmental Due Diligence: Transaction Screen Process (TSA report). Most lenders no longer accept these reports to meet their due diligence requirements, based on the new EPA Phase 1 Environmental Site Assessment standard. However, these reports can be useful as an initial screen on low-risk properties.

Our TSA reports include:

1. transaction screen questionnaire

2. government environmental database review

3. inspection of subject property and surrounding areas

4. conclusions regarding environmental liability risk
5. recommendations.

TSA reports are limited in nature and no longer meet the regulations required for the "Landowner's Liability Protection." However, some lending institutions still use these reports to assess environmental risk for low-risk properties prior to underwriting a loan.

transaction screen assessment

AAI also conducts Desktop Reviews, which are reviews of existing environmental databases, readily available government records and aerial photos, as well as, a questionnaire answered by the owner or occupant. These risk analysis reports are used by some lenders for low-risk properties where the history of the property is known.


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