Category: Phase 1 Site Assessment

What is a Phase 1 environmental inspection? In the United States, a Phase I Environmental Site Assessment (ESA), or Phase I ESA, is a report. This report is prepared for a real estate holding that identifies potential or existing environmental contamination. The analysis addresses both the underlying land as well as physical improvements to the […]

What is the Difference Between a Phase I and Phase II Environmental Site Assessment? If you are a New Jersey business owner, you already know the intricacies of financing any property. One of the state requirements for financing a property is you must perform an environmental assessment. The purpose of the assessment is to make […]

In the past, it was much easier to buy a piece of land for commercial development. As a business owner, you arranged to buy a piece of land from someone. You agreed on a price, signed a deed, and the land was yours. However, no land purchase these days is that simple. Now, you have […]