A Transaction Screen Assessment, or TSA, is a type of environmental property assessment. It is essentially a scaled-back version of a Phase I Environmental Site Assessment (ESA). (Learn more about Phase I ESAs here.) When are TSAs used? TSAs are commonly used for residential, office, or undeveloped properties. These types of properties are generally expected […]
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Phase II Environmental Site Assessment: What to Expect
If you suspect a property has contamination, a Phase II ESA is one of your best options for identifying potential liability and future cleanup costs prior to purchase. What is a Phase II ESA? A Phase II Environmental Site Assessment (ESA) is typically the second step in the environmental due diligence process and usually succeeds […]
What is a Phase I Environmental Site Assessment?
A Phase I Environmental Site Assessment, or a Phase I ESA, is typically the first step in the environmental due diligence process that identifies potential environmental concerns for a property. A Phase I ESA is useful for a potential purchaser to understand environmental issues they may be inheriting. The current and historical operations of the […]