If you are in the market for commercial real estate, you must watch out for environmental liabilities, as these can cost up to millions of dollars to remediate. For anyone looking to acquire, sell, refinance, or develop new property, doing your “environmental due diligence” is crucial to your success, and Benner & Boon is here to help. We are proud to be one of the top environmental law firms in San Diego, and we have intimate knowledge of all the environmental regulations and governmental bodies that come into play with large commercial transactions like these. Environmental due diligence is a formal process to assess risk factors and property viability under guidelines set by the Environmental Protection Agency (EPA).
The risk assessment procedures vary depending on the size, location, and usage of the property, and the laws governing these sites can be lengthy and complicated. Whether you are a first-time buyer or a seasoned developer, environmental due diligence is not something that should be taken lightly. You could be held liable for serious hazardous waste contamination, code violations, and other hidden dangers, and the costs associated with these things can put your business into bankruptcy. Here at Benner & Boon, we are dedicated to helping individuals and companies in California conduct comprehensive property appraisals, so they can make the best decisions possible for their future.
Want to learn more about environmental due diligence and how our firm can help? Get in touch with us today and ask for your free initial consultation.