I'm on the fence about this one...The REO property I'm interested in is in a subdivision that the ground water is partially contaminated by THC from a manufacturing plant.

If there is a problem she will likely tell you.4) do this fast, regardless of whose responsibility it should be—you need time to get it cleaned properly and to have it empty long enough so there is no COVID contamination from her or the cleaning crew and a new tenant will be safe and feel safe.

I don't like the idea of bringing someone in (an agent or a prospective tenant) who could unintentionally contaminate surfaces and expose our existing tenant to a highly contagious disease.

It is very easy for the well to become contaminated and then you are in a world of hurt.

Cabins are in the once contaminated industrial park north of town.

I'm no expert but 1.how long does the contamination last if untreated?

Finally, you can rip out the ceiling and replace it with new drywall, or, if the ceiling is made of plaster, you can remove all the plaster and screw up 3/8 in. drywall on the existing lath.But here’s a common scenario in 100-year-old housing which @JD Martin mentioned in passing : the popcorn ceiling is on the second floor of the house and the floor joist bays in the attic are filled with asbestos-contaminated vermiculite.

Maybe I watch too much TV, but it would be my luck that the previous guests contaminate the salt with VX or something.

The “key” elements of the transaction are explored first and usually, the most intensively.The buyer should provide the seller a comprehensive disclosure statement and include a term in the purchase agreement that obligates the seller to return the document within 5 days of acceptance.Professionals are hired to complete Phase 1, 2 & 3 reports that identify potential or existing environmental contamination and all other elements of elements that are difficult for the buyer to effectively evaluate.Financial Checklist3 years profit & loss statementsRent roll with space number, name of resident, move-in date, renter or owner occupied, number of occupants, monthly rent, additional charges, current balance due and any relevant notes about the residentList of capital expenditures for the last 3 years3 years of tax returns12 months of bank statementsCurrent accounts receivable statementList of park owned home including copies of “rent to own” or sales contractsCopy of all current insurance policies, binders and premiumsSpreadsheet detailing who pays all utilities including water, sewer, gas, electric, trash, cable, etc…For all utilities and charge backs, formulas, calculations and meter readings for the past 12 months3 years of utility billsProperty tax bills for the last 2-3 yearsCurrent staffing list including position, wages, job descriptionsCopies of any contracts that will transfer to buyer including laundry, trash, phone, equipment, etc…Dates and amounts of the last 3 rent increasesSigned rules and leases for each residentNames and contact information of professional service providers including lawyers, accountants, engineers, insurance brokers, inspectors, appraisers, realtors/brokers, etc…Physical ChecklistSpreadsheet for utilities that details age, composition, capacity, physical locations, etc…Any drawings or maps of the park and infrastructure including lot sizesSewer plant or septic system repair and maintenance recordsWater well tests and compliance recordsDisclosure from seller of current or recent problems with infrastructure including buildings, water, sewer/septic, gas, electric, etc…Names and contact information of contractors including plumbers, tree surgeons, electricians, gas inspectors, septic companies, roto-rooter services, etc…Locale ChecklistProfile local housing market:“Stick-built” – current foreclosure rate, months of available inventory, median home price, average rent per month, vacancy rateApartments – average rent per month, vacancy rate, prevalence of move-in specials…MHPs Comps – average monthly charges (rent, utilities, etc…), vacancy rate, # of homes for sale, etc…Profile local economy including population, major employers, unemployment rate and trendsCopies of city, county and state permits, licenses or certificates of occupancyCheck zoning for recent or pending changes to target property and adjacent parcelsCheck for known environmental issues with target property, adjacent parcels or in the communityCheck for major development or construction projects in the communityReview existing surveys or environmental reportsConsider geographic factors including elevation, annual snow fall, rain fall, proximity to bodies of water, etc…Disclosure from seller of current or recent lawsuits, regulatory or compliance issues, fines, fees, etc…

Moving around contaminated dirt can make you a responsible party.