Environmental

What is a 'Phase I Environmental Site Assessment'?

AA physical sampling of soil and groundwater
BA non-invasive investigation involving a review of historical records, regulatory databases, and a site inspection to identify recognized environmental conditions (RECs)✓ Correct
CA government-mandated cleanup plan
DA report required for all residential sales

Explanation

A Phase I ESA is the first step in environmental due diligence for commercial transactions. It involves records research, regulatory database review, site inspection, and interviews — but no sampling. If RECs are identified, a Phase II ESA (sampling) may follow.

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