TITLE

Due diligence: a necessary step in real estate transactions

AUTHOR(S)
Young, Sherry
PUB. DATE
April 2011
SOURCE
New Hampshire Business Review;4/8/2011, Vol. 33 Issue 7, p37
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
59857207

 

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