[DOWNLOAD] ~ Environmental Due Diligence in the Wake of the Epa's New All Appropriate Inquiry Rule (Feature) (Environmental Protection Agency) * by Real Estate Issues ~ Book PDF Kindle ePub Free

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eBook details

Title: Environmental Due Diligence in the Wake of the Epa's New All Appropriate Inquiry Rule (Feature) (Environmental Protection Agency)
Author : Real Estate Issues
Release Date : January 22, 2006
Genre: Business & Personal Finance,Books,
Pages : * pages
Size : 284 KB

Description

AS ANY SEASONED DEALMAKER KNOWS, there are regulatory hurdles that need to be addressed before initiating any transaction. Now, we can add a new environmental regulation to the list. Purchasers of commercial property and those who receive site-specific brownfields grants must follow a new federal rule governing environmental due diligence if they wish to obtain federal liability protection. The U.S. Environmental Protection Agency's All Appropriate Inquiry rule took effect Nov. 1, 2006, and lays out the type of research that dealmakers--and their environmental consultants--must conduct upfront to avoid paying for any past environmental contamination on a property. Still in the early stages of adoption, the AAI rule has generated a great deal of uncertainty in commercial real estate circles as dealmakers, their lenders, consultants and other stakeholders interpret and implement the new protocol for environmental due diligence.