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This document presents the findings of a Phase I Environmental Site Assessment conducted by Paterson Group for a vacant site in Ottawa, identifying environmental concerns and concluding no Phase II assessment is needed.
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What is phase i environmental site?
A Phase I Environmental Site Assessment (ESA) is an evaluation process that identifies potential or existing environmental contamination liabilities on a property.
Who is required to file phase i environmental site?
Typically, a Phase I ESA is required by lenders, buyers, or investors as part of real estate transactions, and by companies seeking to understand environmental risks before acquiring a property.
How to fill out phase i environmental site?
To complete a Phase I ESA, a qualified environmental professional conducts a site visit, reviews historical records, interviews past owners and occupants, and assesses environmental databases.
What is the purpose of phase i environmental site?
The purpose of a Phase I ESA is to identify potential environmental contaminants and assess liabilities, thus providing clients with information to make informed decisions regarding property transactions.
What information must be reported on phase i environmental site?
A Phase I ESA must report findings on previous uses of the property, current site conditions, documentation of interviews, and results from environmental database inquiries.
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