PHASE I ENVIRONMENTAL SITE ASSESSMENT (ESA)

A Phase I Environmental Site Assessment is for evaluating the environmental liability associated with real estate. Phase I ESAs typically are performed by buyers, sellers, brokers and lenders which are involved in the sale, purchase or lease of a property. They are typically required by lenders in order to assure that properties do not possess any environmental conditions that could diminish the value of the real estate.

Typical Scope of Services:

Site Visit:

Inspection of the Site by an Experienced Professional
Catalog the Presence of Hazardous Materials or Petroleum Products

Historical Research:

Historical Aerial Photographs
Street Directories
Building Permits
Planning Records
Topographical Maps
Sanborn Fire Insurance Maps
Department of Oil and Gas Maps
Title Information

Geology and Hydrogeology:

Soil Type
Geological Setting
Groundwater Depth

Regulator Research:

Fire Departments
State Environmental Agencies
Federal Environmental Agencies

Interviews and Document Review:

Interview Tenants and Owners
Interview State and Local Regulators
Review Provided Reports