Environmental
A West Virginia buyer is purchasing a property adjacent to a former gas station. The most appropriate due diligence step is:
ARequesting the seller sign an environmental warranty
BCommissioning a Phase I Environmental Site Assessment✓ Correct
CChecking with the WVREC for environmental disclosures
DReviewing the county assessor records for hazardous designations
Explanation
A Phase I Environmental Site Assessment is the standard due diligence tool for identifying recognized environmental conditions (RECs) near potential contamination sources like former gas stations. It reviews records, regulatory databases, and the site itself.
Related West Virginia Environmental Questions
- Mold in a West Virginia property is a material fact because:
- Polychlorinated biphenyls (PCBs) found in transformers or electrical equipment on a West Virginia commercial property are regulated under:
- The Clean Water Act affects West Virginia real estate development by:
- In West Virginia, the presence of active coal mines near a property can affect real estate due to:
- Asbestos-containing materials in a West Virginia commercial building are regulated primarily under:
- The West Virginia Department of Environmental Protection (WV DEP) is the primary state agency responsible for:
- CERCLA (the 'Superfund' law) affects West Virginia real estate by:
- The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), also known as Superfund, may affect West Virginia real estate because:
Practice More West Virginia Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free West Virginia Quiz →