Active Standard ASTM E | Developed by Subcommittee: E A primary consideration in applying this practice instead of E is the nature and. 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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Not all aspects of this practice may be applicable in all circumstances. Section 13 of this practice identifies, for informational purposes, certain environmental conditions not an all-inclusive list that may exist astm e1527 a property that are beyond the scope of this practice, but may warrant consideration by parties to a commercial real estate transaction. This practice is intended to provide astm e1527 more practical approach to assess rural property and forestland properties that are generally uniform in use.

Astm e1527 5 describes User’s Responsibilities.

Consequently, this practice does not address many additional issues raised in transactions such astm e1527 purchases of business entities or interests therein, astm e1527 of their assets, that may well involve environmental liabilities pertaining to properties previously owned or operated or other offsite environmental liabilities.

As astm e1527, sufficient documentation of all sources, records, and resources astm e1527 in conducting the e527 required by sstm practice must be provided in the astm e1527 report refer to 8. Section 1 is the Scope. The professional judgment of astm e1527 environmental professional is, consequently, vital to the performance of all appropriate inquiries.

E Practice for Environmental Site Assessments: A new version of E will be available in late November E152 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. As such, sufficient documentation of all sources, atm, and resources utilized in conducting the inquiry required by this practice must be provided in the written report refer to 7.

The property to be assessed using this standard practice need not be contiguous and may contain isolated areas of non- forestland and non- rural property.

Subsequent environmental site astm e1527 should not be considered valid standards to judge the appropriateness of any prior assessment based on hindsight, astm e1527 information, use of r1527 technology or analytical techniques, or other factors. Users are cautioned that federal, state, and local laws may impose environmental assessment obligations that are beyond the scope of astm e1527 practice.

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Thus, these transactions are not ast in the term astmm real estate transactions, and it is not intended to imply that such persons are obligated to conduct an environmental site assessment in connection with these transactions for purposes of all appropriate inquiries or for any other purpose. Section 1 is astm e1527 Scope. Inclusion of petroleum products within the scope of this practice is not based upon the applicability, if any, of CERCLA to petroleum products.

As such, this astm e1527 is intended to permit a user to satisfy one of the requirements to qualify for the innocent landowner defense to CERCLA liability: Consequently, this practice does not address many additional issues raised in transactions such as purchases of business entities, or interests therein, or of their assets, that may well involve environmental liabilities pertaining to properties previously owned astm e1527 operated or other off-site environmental liabilities.

Section provides discussion regarding activity and use limitations. The term includes hazardous substances or petroleum products even under conditions in compliance with laws.

Historical Version s astm e1527 view previous versions r1527 standard.

Controlled substances are not included within the scope of this standard. Sections are the main body of the Phase I Environmental Site Assessment, including evaluation and report preparation. The appendixes are included for information and are not part of the procedures prescribed in this practice.

Not all aspects of this astm e1527 may be applicable in all circumstances. The appendixes are included for information and are not part of the procedures prescribed in this practice. Work Item s – proposed revisions of this e11527. The term recognized environmental conditions means the presence or likely presence of any hazardous substances or petroleum products in, on, or at a property: The 1e527 recognized environmental conditions means the presence or likely presence of any hazardous substances or petroleum products in, astm e1527, or at a property: Historical Version s – view previous versions of standard.

Active view current version of standard. The appendixes are included for information and are not part ast, the procedures prescribed in either this practice or Practice E While use of this astm e1527 is intended to astm e1527 all appropriate inquiries for purposes of the LLPsit is astm e1527 intended that its use ee1527 limited to that purpose.

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Link to Astn This link will always route to the current Active version of the standard. De minimis conditions are not recognized environmental conditions. Sections 7 — 12 are the main body of the Phase I Environmental Astm e1527 Assessmentincluding evaluation and report preparation. This practice is astm e1527 to provide a more practical approach to assess rural and forestland properties that are generally uniform in use.

Areas with such improvements shall be examined during the site reconnaissance as described in Section 9. Section 1 is astm e1527 Scope. Section 3, Terminology, has definitions of terms not unique to this practice and descriptions of terms unique to this practice and acronyms.

Consistent with good commercial and customary practice, the appropriate level of environmental site assessment will astm e1527 guided by the type of property subject to assessment, the expertise and risk tolerance of the userand the information developed in the course of the inquiry. Factors influencing this determination can include whether: This practice is intended primarily as an approach to conducting an astm e1527 designed to identify recognized environmental conditions in astm e1527 with a property.

Section 2 relates to Referenced Documents. No implication is intended that a person must use this practice in astm e1527 to be deemed to have conducted inquiry in a commercially prudent or reasonable manner in any particular transaction.

Section 5 provides discussion regarding activity and use limitations. Sections 7 — 12 are the main body of the Phase I Environmental Site Assessmentincluding evaluation and report preparation. Link to Active This link will always route to the current Active version of the standard. Additional tasks may be necessary to awtm conditions that may have changed materially since the prior environmental site assessment was conducted.

The astm e1527 need not be contiguous and may contain isolated areas astm e1527 non- forestland and non- rural property. Referenced Documents purchase separately Astm e1527 documents listed below are referenced within the subject standard but are not provided as part of the standard.

Section 4 is Significance astm e1527 Use of this astn. Link to Active This link will always route to the current Active version of the standard. Section is Significance and Use of this practice.