What is a phase report?

What is a phase report?

A Phase 1 Environmental Site Assessment is a scientific report following ASTM Standards that evaluates hidden environmental risks and liabilities about a property. It is often referred to as a Phase I ESA or Phase I Environmental Assessment, and can be part of the real estate due diligence process.

What is a phase one report?

The Phase 1 Environmental report is a common tool used for identifying potential significant environmental liabilities in the subsurface due to previous uses at the subject property or from nearby properties, especially ones where groundwater is shallow and are up-gradient to the subject property.

What is a Phase II report?

A Phase 2 Environmental Site Assessment or a Phase II Environmental report is a scientific test whereby geologists drill and sample soil, soil-vapor, and groundwater to test for pollution. A Phase II Environmental also follows ASTM Standards under the responsible charge of a professional geologist.

What does a Phase 1 report include?

A Phase I ESA typically includes the following: A site visit to observe current and past conditions and uses of the property and adjacent properties; Interviews with current and past property owners, operators, and occupants, or others familiar with the property.

What is a Phase 1 report in real estate?

A Phase I Environmental Site Assessment (Phase 1 ESA) is an investigation of a property’s current and historical use. The process views and investigates a property in regards to former use in order to determine if there is a potential for hazardous conditions that might be present on the property.

What is a Phase 2 in real estate?

A Phase II environmental site assessment, also called a Phase 2 ESA, a second-level assessment, or a Phase 2 investigation, is an environmental study of real property in which soil, soil vapor, groundwater, air, building materials, products, wastes, or other materials are measured, sampled, or otherwise characterized.

What is a Phase 3 environmental assessment?

Phase III assessments include additional intrusive testing and a plan to mitigate environmental issues based on the results of the previous assessments. During this phase, the size and source of the contamination will be characterized through methods such as installation of ground water monitoring wells.

What is a Phase 3 environmental site assessment?

What does a Phase 2 environmental report consist of?

The Phase II ESA, also referred to as a “subsurface investigation” or more commonly “site investigation,” typically consists of collecting a series of soil, soil gas, which includes sampling for vapor intrusion, and groundwater samples and sending the samples to a laboratory to determine if dry cleaning operations have …