Real Estate Transactions
Environmental legislation is paramount in response to a perceived need to eliminate, limit or at least control the damaging effects of products and by products of our industrial society on all aspects of our environment. The consequence of an investment in real estate property by an investor could be an environmental clean-up directive or judgment that is far in excess of the investment made or even the value of the real estate. Blaes Environmental knows the significant business cost and liabilities linked to recognizing existing and potential environmental conditions and an all-inclusive due diligence report at a particular property. We understand the cost of compliance, remediation, business interruption cost, loss of value of an asset from the actual and publicly perceived environmental conditions, liabilities to third parties and legal cost of environmental claims.