by steve | Aug 3, 2026 | Property Transactions
A Phase 1 assessment in commercial real estate is a structured environmental due diligence review designed to document a property’s history and current observations so parties can identify recognized environmental conditions (RECs) and decide what to do next. In many...
by steve | Aug 3, 2026 | Regulations & Compliance
If you’re planning to buy, finance, or transfer property, a Phase 1 Environmental Assessment is often the first formal step that helps identify potential contamination history before you commit major money. It is not a destructive “test,” but a structured...
