ASTM E Phase I Environmental Site Assessment for Commercial Real This online version of ASTM’s E in-person course is taught by the same. 1 Nov This standard is issued under the fixed designation E; the 1 This practice is under the jurisdiction of ASTM Committee E50 on Environ-. On November 6th, , ASTM published the long anticipated new standard for conducting Phase I Environmental Site Assessments, ASTM E

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Nevertheless, this practice is intended to reflect a commercially prudent and reasonable inquiry. Users are cautioned that federal, state, and local laws may impose environmental assessment obligations that are beyond the scope of this practice.

This practice is intended primarily as an approach to conducting an inquiry designed to identify recognized environmental conditions in connection with a property. Work Item s – proposed revisions of this standard. Section provides additional information regarding non-scope considerations see.

Inclusion of petroleum products within the scope of this practice and Practice E is not based upon the applicability, if any, of CERCLA to petroleum products. However, such information shall not be used without current investigation of conditions likely to affect recognized environmental conditions in connection with the property.

Therefore, this practice describes procedures to be followed to assist users in determining the appropriateness of using information in environmental site assessments astk more than one year prior to the date of acquisition of the property or for transactions not involving an acquisition the date of the intended transaction.

Link to Active This link will always route to the current Active version of the standard. Referenced Documents purchase separately The documents listed below are referenced within the wstm standard but are not provided as part of the standard. The term recognized environmental conditions means the presence or likely presence of any hazardous substances or petroleum products on a property under conditions that indicate an existing release, a past release, or a material threat of a release of any hazardous substances or petroleum products into structures on the property or into the ground, groundwater, or surface water of the property.

Link to Active This link will always route to the current Active version of the standard.

Users are cautioned that federal, state, and local laws may impose environmental assessment obligations that are beyond the scope of this practice. Section 3 is Referenced Documents. We have no amendments or corrections for this standard.

Description of Changes In general, the standards have a stronger emphasis on business environmental risk as a driving force for due diligence in order to reflect the specific business needs and concerns of users.

Section 5 provides discussion regarding activity and use limitations. Section 12 of this practice, identifies, for informational purposes, certain environmental conditions not an all-inclusive list that may exist on a property that are beyond the scope of this practice but may warrant consideration by parties to a commercial real estate transaction. Additionally, an evaluation of business environmental risk associated with a parcel of commercial real estate may necessitate investigation beyond that identified in this practice see Sections 1.

Link to Active This link will always route to the current Active version of the standard. In general, the standards have a stronger emphasis on business environmental risk as a driving force for due diligence in order to reflect the specific business needs and concerns of users.

Additions to users’ responsibilities, such as the requirement to make known the reason for performing the ESA if other than to qualify for the innocent landowner defense under CERCLA. Conditions determined to be de minimis are not recognized environmental conditions. The word “Standard” in the title means only that the document has been approved through the ASTM consensus process. As such, this practice is intended to permit a user to satisfy one of the requirements to qualify for the innocent landowner defense to CERCLA liability: As such, sufficient documentation of all sources, records, and resources utilized in conducting the inquiry required by this practice must be provided in the written report refer to 8.

Your Alert Profile lists the documents that will be monitored. Inclusion of petroleum products within the scope of this practice is not based upon the applicability, if any, of CERCLA to petroleum products. Controlled substances are not included within the scope of this standard. Users are cautioned that federal, state, and local laws may impose environmental assessment obligations that are beyond the scope of this practice.

This ASTM standard is not intended to represent or replace the standard of care by which the adequacy of a given professional service must be judged, nor should this document be applied without consideration of a project’s many unique aspects. The term includes hazardous substances or petroleum products even under conditions sstm compliance with laws.

Referenced Documents purchase separately The documents listed below are referenced within the subject standard but are not provided as part of the standard. Historical Version s – view previous versions of standard. It is the responsibility of the user of this standard to establish appropriate safety and health practices and determine the applicability of regulatory limitations prior to use.

No practical standard can be designed to eliminate the role of judgment and the value and need for experience in the party performing the inquiry. The term is not intended to include de minimis conditions that generally do not present a threat to human health or the environment and that generally would not be the subject of an enforcement action if brought to the attention of appropriate governmental agencies.

As such, sufficient documentation of all sources, records, and resources utilized in conducting the inquiry required by this practice must be provided in the written report refer to 8.

Not all aspects of this practice may be applicable in all circumstances. In addition, no implication is intended that it is currently customary practice for environmental site assessments to be conducted in other unenumerated instances including but not limited to many commercial leasing transactions, many acquisitions of easements, and many loan transactions in which the lender has multiple remedies.

Section 2 is Referenced Documents. Referenced Documents purchase separately The documents listed below are referenced within the subject standard but are not provided as part of the standard. Additionally, an evaluation of business environmental risk associated with a parcel of commercial real estate may necessitate investigation beyond that identified in this practice see Sections 1.

Section is Significance and Use of this practice.