Environmental
A buyer of an Oklahoma commercial property asks their agent about a Phase II Environmental Site Assessment. Phase II differs from Phase I because it:
AIs less expensive and less detailed
BInvolves actual soil and groundwater sampling and testing to confirm or rule out contamination identified in Phase I as a Recognized Environmental Condition✓ Correct
COnly reviews historical records
DIs performed after closing only
Explanation
Phase II ESAs involve physical sampling: soil borings, groundwater monitoring wells, and laboratory analysis to confirm or characterize contamination. They are triggered when Phase I identifies RECs requiring further investigation.
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