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Sponsored by Lorman Education
Product ID: 407383EAU
Credit & Course Provided by:

Toxic Properties: Identify, Mitigate, Remediate

OnDemand Webinar (91 minutes)

Gain an understanding of the due diligence process and available mitigation tools that can be used during contaminated property transactions.Many potential property buyers do not understand the significant impacts that environmental issues may have on a transaction and/or the substantial liability that can attach if such issues are not adequately investigated during the course of due diligence. This program will explain the proper due diligence process for identifying common environmental issues. In addition, this program will discuss remediation strategies for addressing these issues and the available mitigation tools that can be used to pay for such remediation.


M. Buck Dixon, Troutman Sanders LLP
Hollister A. Hill, Troutman Sanders LLP
Andrew J. Perel, Michelman & Robinson, LLP Andrea L. Rimer, Troutman Sanders LLP


How to Identify Environmental Issues at a Property

• Conduct Proper Environmental Due Diligence

• Conduct Follow-up Due Diligence as Necessary to Determine the Extent of Environmental Impacts - Phase II and Beyond

Commonly-Identified Environmental Issues

• Soil and Groundwater Impacts (From Sources Such as Industrial Use, Dry Cleaners, USTs and Historic Fill)

• Vapor Intrusion

• Radon

• Asbestos-Containing Materials

• Lead-Based Paint

• Other

How to Remediate Environmental Impacts and Mitigate Costs for Remedial Action

• Remediation

- Soil, Soil Vapor and Groundwater Monitoring

- UST Removal

- Soil Excavation

- Engineering and Institutional Controls

- O&M Plans

• Mitigation

- Insurance

- Financial Tools

- State Funds