Environmental
A Missouri buyer discovers the property was previously used as a dry cleaner. The most appropriate due diligence step is:
AAssuming contamination and canceling the purchase
BConducting Phase I and likely Phase II ESA to assess tetrachloroethylene (PCE) contamination✓ Correct
CSimply asking the seller about any prior use
DRequesting a government inspection only
Explanation
Former dry-cleaning operations are high-risk for PCE/PERC contamination. Phase I ESA would document the concern and Phase II ESA (with sampling) would determine actual contamination levels to assess remediation costs and liability.
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