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Phase 1 Standard for All Appropriate Inquiries in Limbo

Greenbuilding Law

It is hugely significant that the Phase l Environmental Site Assessment standard is in limbo because that assessment is conducted in the vast majority of the 5.6 million commercial real estate transactions each year in the United States (i.e., including for a real estate purchaser to avoid liability under the Superfund law).

2016 52
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Phase l Environmental Site Assessment Standard Being Revised

Greenbuilding Law

The Phase l Environmental Site Assessment Standard E1527-13 will sunset in late 2021, eight years from its approval on November 6, 2013. This is hugely significant because a Phase l Environmental Site Assessment is conducted in the vast majority of the 5.6 9601) and petroleum products.” 9601) and petroleum products.”

2013 98
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Updated Phase l Environmental Site Assessment is Published But.

Greenbuilding Law

Phase l Environmental Site Assessment Standard E1527-13 sunset eight years from its approval on November 6, 2013 and the new E1527-21 was as of last week published and now available for use, but. For the unenlightened, this is hugely significant because a Phase l Environmental Site Assessment is conducted in the vast majority of the 5.6

2013 52
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All (New and Improved?) Appropriate Inquiry

Acoel

Environmental Protection Agency (“U.S. Phase I environmental site assessments (“Phase I ESAs”) play an important part in real estate due diligence and can constitute “ All Appropriate Inquiry ” (“AAI”) under the liability protections afforded by the U.S. EPA”) anticipated in due course. Looking Ahead.

2013 52
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EPA Proposes Designating PFAS as Hazardous

Greenbuilding Law

Environmental Protection Agency is proposing to designate two of the most widely used per- and polyfluoroalkyl substances (PFAS) as hazardous substances under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), also known as the “Superfund” law.

Law 52
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Landmines For Your Landowner Liability Protections?

Acoel

Very few environmental attorneys or their real estate clients are participating in this process, in part because it is so time consuming. This is because the Environmental Protection Agency (“EPA”) has not yet designated any of the PFAS compounds to be a hazardous substance under CERCLA.

2002 76