Ask any veteran environmental professional what it was like doing a Phase I environmental site assessment in the early 1990s, and chances are you will get an earful about how difficult it was to access government data on property contamination.
Learn how market pressures, regulatory guidance and technological advances are closing the gap between appraisals and environmental due diligence.
Read our guide on the differences between a REC, HREC and CREC under E 1527-13.
Read about changes to USPAP that should be noted when completing appraisal and review assignments during the effective period of the 2016-17 USPAP.
NOTE TO READERS: This article originally appeared in the Colorado Real Estate Journal, Jan 20 – Feb 2, 2016 edition. It was jointly authored by Attorney David P. Steinberger, Partner, environmental and natural resources practice group, Lewis Roca Rothgerber Christie LLP, and Dietrich Hoefner, Associate, government and regulatory affairs practice group, Lewis Roca Rothgerber Christie LLP, Denver.
Learn about Collateral360®'s enhanced user interface, expanded reporting capabilities, new appraisal review capabilities, and other features.
In the fall of 2014, EPA announced it will retire CERCLIS, the Comprehensive Environmental Response, Compensation, and Liability Information System and replace it with the new Superfund Enterprise Management System (SEMS).
Read our overview of the essential elements that must be considered when developing a policy to address environmental risk.
Read part 1 of our series on the things that bank examiners are looking for in an appraisal compliance audit and the cost of non-compliance.