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1 November 2013 | 8 replies
Tory Crowder I'd say that you need to get more information and find out if the magnesium causes that to be an environmentally hazardous piece of property.
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17 November 2020 | 25 replies
If that's the case, you can't do any renovations until you have it professionally deleaded or it would be flagged for Unauthorized Deleading (UD) and you can get fined and the property would never be able to get a Lead Certificate, only a letter of Environmental Protection that states you did illegal work, got caught, then had to pay a professional to clean up the mess.
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20 November 2020 | 0 replies
When I buy/sell Commercial properties (Retail) in Florida, 99% of the time, I have to do an Environmental Phase 1 report to ensure there aren't any contamination liabilities with the land.
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21 January 2021 | 45 replies
Then you have to consider the environmental costs because solar panels do not grow on trees and there is a big impact to mining the materials, transport, production, delivery, installation, and disposal that nobody seems to talk about.Personally, I wouldn't recommend it for financial reasons.
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9 December 2020 | 7 replies
If this is a property purchase I'd make sure to double check the environmental piece in case there are underground fuel tanks that need to be remediated.
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4 December 2020 | 3 replies
There's a few phases - For info for buying, you'll need Leases and terms, breakdown of costs (what is tenants responsibilities and what is landlords), breakdown of CAM (Common Area Maintenance), each units price per square foot, tenants revenue to rent ratioOnce you go into due diligence, you'll need balance sheets, surveys, P&L, and tenants' sales reports for two years. lease docs and amendments including any statement regarding oral agreements, tenant estoppel agreeing with what you've been given, any open permits or zoning issues, environmental reports (don't want to find out later an old gas station or laundromat was there before), owners current budget, a complete list of all property stating who owns what and who is responsible for the care.
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11 December 2020 | 7 replies
The violation or enforcement of those portions of any law or government regulation concerning:a. building;b. zoning;c. land use;d. improvements on the land;e. land division; orf. environmental protectionNow I haven't seen or read the OP's so I don't know if it's an HO's policy or if there is an exception to coverage which might affect the underwriter's liability if it's otherwise provided.
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10 December 2020 | 5 replies
A contractors Pollution policy and a Contractors Professional policy are two other possible policies that you may need depending on your operations
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16 December 2020 | 14 replies
@Sue HoughI actually was an environmental engineer looking to get in to the solar industry a few years ago.I absolutely LOVEEEEE the solar tiles.
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16 December 2020 | 2 replies
As far as commercial goes you will need to do a few more inspections than residential like Phase 1 environmental, water pressure, septic, commercial building inspections and depending on the age of the buildings lead, asbestos etc.