What is a Phase I ESA?
A Phase I ESA is a detailed investigation conducted to
assess the environmental conditions of a property. It
involves thorough research, site inspections, and data
analysis to identify potential environmental risks and
liabilities.
Why are Phase I ESAs Important?
Phase I ESAs are essential for anyone involved in real
estate transactions, property development, or land
management. They help identify potential environmental
issues early in the process, allowing stakeholders to
mitigate risks, ensure regulatory compliance, and make
informed decisions.