Why You Need An Environmental Assessment Before Closing A Real Property Transaction September 14, 2016 Litigation Blog Environmental site assessments help expose risks and liabilities associated with a property. For the buyer, seller, lender and insurer, an environmental assessment prior to property transfer can identify potential problems and help assess liability, costs and management issues. Property transfer environmental assessments can help determine the probability and extent of a site problem, potential financial liability, costs of future assessment and remediation, and the potential impact on property value (see blog post “
Evaluating the Costs of Environmental Property Damage June 17, 2016 Litigation Blog North Carolina Property Tax Law Monitor How do businesses, appraisers and courts evaluate the economic impact of environmental contamination on real property or neighboring property? If the contamination results in no health impacts and no restrictions on business, does it impact value?