Some parts of Europe began to conduct Phase I studies on selected properties in the s, but still lack the comprehensive attention given to virtually all major real estate transactions in the USA. Views Read Edit View history. Appendix X5 summarizes non-scope considerations that persons may want to assess. Controlled substances are not included within the scope of this standard. Performance of this practice is intended to reduce, but not eliminate, uncertainty regarding the potential for recognized environmental conditions in connection with a property , and this practice recognizes reasonable limits of time and cost.
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Environmental Assessment has little to do with the subject of hazardous substance liability, but rather is a study preliminary to an Environmental Impact Statementwhich identifies environmental impacts of aatm land development action and analyzes a broad set of parameters including biodiversityenvironmental noisewater pollutionair pollutiontrafficgeotechnical risks, visual impacts, public safety issues and also hazardous substance issues.
Phase I environmental site assessment
No implication is intended that a person must use this practice in order to be deemed to have conducted inquiry in a commercially prudent or reasonable manner in any particular transaction. A Phase 1 Desktop Study is often required in support of a e152-13 application. Often a multi-disciplinary approach is taken in compiling all the components of a Phase I study, since skills in chemistryatmospheric physicsgeologymicrobiology and even botany are frequently required.
This page was last edited on 27 Decemberat Appendix X5 summarizes non-scope considerations that persons may want to assess. De minimis conditions are not recognized environmental conditions.
From Wikipedia, the free encyclopedia. A proportion of contaminated sites are " brownfield sites. The associated reportage details the steps taken to perform site cleanup and the follow-up monitoring for residual contaminants. Section 2 is Referenced Documents. Environmental Protection Aastm Superfund program. In the United States, an environmental site assessment is a report prepared for a real estate holding that identifies potential or existing environmental contamination liabilities.
Appendix X3 provides an optional User Questionnaire to assist the user and the environmental professional in gathering information from the user that may be material to identifying recognized environmental conditions.
Performance of this practice is intended to reduce, but not eliminate, uncertainty regarding the potential for recognized environmental conditions in connection with a propertyand this practice recognizes reasonable limits of time and cost. Additional tasks may be necessary to document conditions that may have changed materially since the prior environmental site assessment was conducted. For other uses, see Level 1 disambiguation and Phase 1 disambiguation.
The term recognized environmental conditions means the presence or likely presence of any hazardous substances or petroleum products in, on, or at a property: One of the purposes of this practice is to identify a balance between the competing goals of limiting the costs and time demands inherent in performing an environmental site assessment and the reduction of uncertainty about unknown conditions resulting from additional information.
This practice is intended primarily as an approach to conducting an inquiry designed to identify recognized e15271-3 conditions in connection with a property.
The appendixes are included for information and are not part of the procedures prescribed in this practice. Subsequent environmental site assessments should not be considered valid zstm to judge the appropriateness of axtm prior assessment based on hindsight, new information, use of developing technology or analytical techniques, or other factors.
No specific legal relationship between the environmental professional and the user is necessary for the user to meet the requirements of this practice.
Historical Version s - view previous versions of standard.
Thus, these transactions are not included in the term commercial real estate transactions, and it is not intended to imply that such persons are obligated to conduct an environmental site assessment in connection with these transactions for purposes of all appropriate inquiries or for any other purpose. The system of prior assessment usage is based on the following principles that should be adhered to in addition to the specific procedures set forth elsewhere in this practice:.
Scrutiny of the land includes examination of potential soil contaminationgroundwater quality, surface water quality and sometimes issues related to hazardous substance uptake by biota.
In addition, no implication is intended that it is currently customary practice for environmental site assessments to be conducted in other unenumerated instances including but not limited to many commercial aatm transactions, many acquisitions of easements, and many loan transactions in which the lender has multiple remedies.
Many times these studies were preparatory to understanding the nature of cleanup costs if asmt property was being considered for redevelopment or change of land use.
Phase I environmental site assessment - Wikipedia
However, such information shall not be used without current investigation of conditions likely to affect recognized environmental conditions in connection with the property. Views Read Edit View history. Nevertheless, this practice is intended to reflect a commercially prudent and reasonable inquiry. It is the responsibility of the user of this standard to establish appropriate safety and health practices and determine the applicability of regulatory limitations prior to use.
Section 5 provides discussion regarding activity and use limitations. Depending upon precise protocols utilized, there are a number of variations in the scope of a Phase I study.
Controlled substances are not included within the scope of this standard. Additionally, an evaluation of business environmental risk associated with a parcel of commercial real estate may necessitate investigation beyond that identified in this practice see Sections 1.