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Environmental Issues In Real Estat

nvironmental issues are a major concern in the status quo especially as land is becoming more limited and businesses are redeveloping on used land. These concerns arise in all types of real estate transactions; from the individual residences to large commercial facilities. Although the financial risks involved in these transactions are manageable, if environmental issues are not properly identified and mangaged prior to the property transaction, the owner may unknowingly assume substantial property liabilities in the longrun. Environmental issues can occur within the property site as well as from other parties. These concerns include land contamination, mold, asbestos and even cases of radon.

One of the biggest environmental concerns is land contamination. Land contamination includes pollution caused by human activities such as inappropriate trash disposal. However, the vast majority of land contamination is a result of industries dumping a variety of chemicals into soil or......


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Approximate Word Count: 2083
Approximate Pages: 9 (250 words per double-spaced page)

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