Hazardous or Environmental Waste

[Ken Tsui]

I researched a property and submitted an offer - currently it’s being negotiated, and it’s been a couple weeks. As I continued to research the property I found that the adjacent property was marked as a place with environmental interest but just because it’s marked it doesn’t mean it is a violation or dangerous. The note says there is hazardous waste conditional exempt small quantities generate 100 kg or less of hazardous waste per month with some more added on.

Does anyone have experience and would this scare anyone? The property I’m targeting is from the 1920s and I don’t think the seller knew this or thought it was serious or I’d have thought he’d have accepted my original offer or completed negotiations by now.

Are next steps an environmental phase 1 study?