Environmental
A Virginia commercial property transaction should include which document identifying the current condition of environmental regulatory compliance?
AResidential Property Disclosure Statement
BPhase I Environmental Site Assessment (ESA)✓ Correct
CA VREB environmental certification
DA soil bearing capacity report
Explanation
A Phase I ESA is standard practice for commercial real estate transactions in Virginia to identify recognized environmental conditions (RECs) and provide 'all appropriate inquiry' protection under CERCLA.
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