Property Condition Assessment Archives | Page 4 of 4

Contamination Remediation: What Developers Need to Know

Robert B. Greene, PE, PG, CIH, LEED AP Robert B. Greene, PE, PG, CIH, LEED AP

Nobody likes to hear that a potential development site has contamination on it. Nevertheless, it is certainly better to hear this before a purchase rather than after. Unfortunately, developers often rush into a purchase without adequate environmental due diligence, and wind up with unpleasant news on the wrong side of the closing date. Even in...

What Is a Property Condition Assessment

Craig Gardei, AIA, LEED AP Craig Gardei, AIA, LEED AP

Most commercial property purchases include a property condition assessment (PCA) as part of the due diligence process. Because it sometimes is just a box to check on a form, many people involved in the process don’t understand what the PCA is, why it’s important, or how to make sure it serves its purpose properly. Fortunately,...

Phase I versus Phase II Environmental Site Assessment

Robert B. Greene, PE, PG, CIH, LEED AP Robert B. Greene, PE, PG, CIH, LEED AP

Nearly every commercial property purchase or re-finance today involves at least a Phase I Environmental Site Assessment (ESA). This assessment helps lenders and buyers mitigate the risk involved in the purchase, by identifying likely cases of environmental contamination. Increasingly, buyers and lenders alike demand a Phase II environmental site assessment, as well, if the Phase...

What Does Quiet Enjoyment Mean for Property Managers?

Robert B. Greene, PE, PG, CIH, LEED AP Robert B. Greene, PE, PG, CIH, LEED AP

What is Quiet Enjoyment? Most building owners and tenants are familiar with the concept of ‘quiet enjoyment,’ but they may not understand what it really means. There is often a ‘quiet enjoyment’ clause included in rental agreements. Even if it is not, it is implied in every lease, verbal or written, regardless of any limitations...

What to Look for When Hiring a Mold Assessor

Robert B. Greene, PE, PG, CIH, LEED AP Robert B. Greene, PE, PG, CIH, LEED AP

Mold is problematic for any property owner. It can cause allergic reactions, respiratory problems and other health risks for a building’s occupants. It can sometimes be an early warning sign of structural issues that can lead to extensive problems, if not addressed quickly. If you suspect you have a water-intrusion or mold problem, start with...

Category: Property Condition Assessment

Contamination Remediation: What Developers Need to Know

What Is a Property Condition Assessment

Phase I versus Phase II Environmental Site Assessment

What Does Quiet Enjoyment Mean for Property Managers?

What to Look for When Hiring a Mold Assessor

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