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Prospective Purchaser Agreements and Comfort Letters: Tools to Consider in Real Estate Transactions Involving Contaminated Sites

Published online by Cambridge University Press:  13 July 2009

Jerry D. Worsham II

Abstract

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Type
News & Information
Information
Environmental Practice , Volume 2 , Issue 1 , March 2000 , pp. 35 - 37
Copyright
Copyright © National Association of Environmental Professionals 2000

References

Notes

1. ASTM E-1527 Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process; ASTM E-1528 Standard Practice for Environmental Site Assessments: Transaction Screen Process; ASTM E-1903 Standard Guide for Environmental Site Assessments: Phase II Environmental Site Assessment Process.

2. ASTM E-1527 §§ 11.5, Opinions and 11.6, Findings and Conclusions.

3. See 54 Fed. Reg. 34,235 (1989) and 60 Fed. Reg. 34,790 (1995). See also Arizona Revised Statutes (A.R.S.) § 49-285.01.

4. See 62 Fed. Reg. 4,624 (1997).