Environmental Hazards and Real Estate

  • July 24, 1989
  • • Written by: John McMahan

Spring/Summer 1989, Vol 14, No 1

Abstract: Real estate investors may face a variety of environmental hazards, from asbestos in insulation and fireproofing materials to underground toxic wastes. Assessing the impact of environmental hazards on a real estate development is often complex and complicated by increasingly strict governmental cleanup standards. This article describes how the assessment may be used in making transaction decisions.