Due diligence: a necessary step in real estate transactions

Young, Sherry
April 2011
New Hampshire Business Review;4/8/2011, Vol. 33 Issue 7, p37
The article focuses on the significance of prescribing an environmental due-diligence process in real estate transactions. It says that the liability protection of the purchased property will not be achieved if the federal standards on environmental site assessment are not fully adapted. It adds that the banks are more likely to consider lending for a transaction if the liability or exposure is well defined due to the familiarity with the environmental due-diligence process.


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