Does The Buyer Or Seller Pay For A Phase I ESA?

who pays for phase 1 environmental site assessment

Knowing who pays for a Phase 1 Environmental Site Assessment (ESA) is essential when buying or selling commercial or industrial real estate.  This comprehensive evaluation identifies potential environmental issues that could impact a property’s value, usability, and compliance with environmental regulations. Understanding the intricacies of a Phase I ESA can be a significant factor in … Read more