WHY YOU NEED TO ENGAGE IN DUE DILIGENCE PRE-ACQUISITION Prior to purchasing or leasing property, it is necessary in most instances to engage in at least a screening environmental review. The purpose of a pre-transaction investigation is two-fold: first, to determine whether there are issues that must be dealt with in the relevant agreement (or… Continue Reading
Category Archives: Due Diligence
Subscribe to Due Diligence RSS FeedPreliminary Endangerment Assessment (PEA) Guidance Manual Released in Draft by DTSC
Posted in Due Diligence, Environmental and Land Use, Real Estate DevelopmentThe Department of Toxic Substances Control has released a revised version of its Preliminary Endangerment Assessment (PEA) Guidance Manual. The manual is used to perform an initial evaluation of contaminated property. This is the most recent version since 1999. This version was intended to include information required by the All Appropriate Inquiry (“AAI”) standard included… Continue Reading