Environmental Risk Assessments Can Lead to Effective Property Risk Remediation

In the previous installments in this series on acquiring former dry cleaner properties (What’s the Big Deal About Dry Cleaners?, December 2019 and Potentially Contaminated, Perfect Location, Now What?, January 2020), a prospective buyer of a property learns why dry cleaner sites raise a red flag, how to go about investigating through a Phase I and sub-slab and …

Phase 2 Environmental Site Assessments Uncover Contamination and Human Health Risks

Continued from article 1 of this series: What’s the big deal about Dry Cleaners So the buyer completed their Phase I, earned their Bona Fide Purchaser Defense to shield against a lawsuit from EPA, knows the site held a dry cleaner, yet still has an interest in the property. How do they determine if they …

Why Dry Cleaners Matter and the Value of Phase 1 Environmental Site Assessments

The avoidance in purchasing contaminated sites and “holding the bag” for a cleanup one didn’t cause is reason #1 for completing accurate due diligence. Compliance Technologies, Inc. (CTI) has been providing property transaction assistance to its clients for most of its 30-year history. Clients must know if a property that they are buying has contamination problems or …

What’s the Big Deal about Dry Cleaners?

The avoidance in purchasing contaminated sites and “holding the bag” for a cleanup one didn’t cause is reason #1 for completing accurate due diligence. CTI has been providing property transaction assistance to its clients for most of its 30-year history. Clients must know if a property that they are buying has contamination problems or not. …

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