Environmental

In Tennessee, a buyer concerned about environmental hazards on a commercial property should most likely obtain:

AA home inspection only
BA Phase I Environmental Site Assessment before closing✓ Correct
CAn appraisal from a certified appraiser
DA certificate from TREC

Explanation

Commercial buyers concerned about environmental liability should obtain a Phase I ESA before closing to identify recognized environmental conditions and protect against CERCLA liability through the innocent purchaser defense.

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