Property Condition Assessments (PCAs)

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Environmental Due Diligence Tip

Although sometimes testing is unavoidable, some environmental professionals may seem quick to recommend a Phase II Environmental Site Assessment. Ask your environmental professional (EP) if there is any way to “dig a little deeper” to resolve an outstanding environmental concern. Have all avenues to resolve the outstanding concern been exhausted? Have the municipal and regulatory files been thoroughly reviewed? Were past owners, operators, and relevant municipal officials interviewed?