Tag Archives: EPA

(US) Revised Phase I Environmental Standards Will Impact Property Acquisitions this Fall

This post was also written by Todd Maiden. The All Appropriate Inquiries Rule (the “AAI Rule”), set forth at 40 CFR Part 312, serves as a benchmark protocol for inspecting a property’s environmental condition. If the benchmark is met, a prospective purchaser can be insulated from liability under the Comprehensive Environmental Response, Compensation, and Liability Act … Continue Reading

(US) Brownfield Owners and Developers Take Note: EPA Issues New Guidelines Emphasizing and Strengthening Institutional Controls

This post was written by Edward V. Walsh III. Brownfield developers and owners of contaminated property contemplating a cleanup should take note of two important guidelines issued by the U.S. EPA. These guidelines recommend early consideration of the use of institutional controls (legal documents such as deed restrictions, restrictive covenants and the like) in planning … Continue Reading
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