Due Diligence for Property Transactions

Due Diligence for Property Transactions

EWMA is frequently called upon by property purchasers, investors, developers and lenders to identify potential environmental concerns and future liabilities during property transactions.

To initiate the due diligence process, EWMA prepares a Phase I Environmental Site Assessment (Phase I ESA), which is a nationally recognized environmental site assessment standard. During the Phase I ESA process, we identify Recognized Environmental Conditions (RECs) based on information collected during a review of relevant environmental and historical data, a site visit, and interviews with knowledgeable parties. The Recognized Environmental Conditions (RECs) are outlined in a Phase I ESA report, along with an Executive Summary that summarizes our findings. As part of the report, we make recommendations regarding further investigation of environmental concerns, if warranted. Upon client request, EWMA can provide you with a proposal for implementing any investigation recommendations within the due diligence deadline.

EWMA recognizes that during the process of purchasing a property, clients are often under tight due diligence deadlines. Put our extensive due diligence expertise to work for you to ensure that you are aware of environmental liabilities within the due diligence deadline, so you can make informed decisions and proceed towards closing on the purchase of a property on time.

EWMA News

  • EWMA To Host Exclusive VIP Event At The NJ Devils Game On March 19th

    Event will premier CAP-It Corner Facebook Live Streaming Series

    EWMA, one of the leading Environmental Consulting & Remediation firms, will be hosting an exclusive VIP Event at the NJ Devil’s/Calgary Flames game at the Prudential Center Executive Suite on March 19th.

  • How surety bonds expand post-remediation care options to meet financial assurance requirements

    Earlier in 2019, the New Jersey legislature approved updates to the 2009 Site Recovery Reform Act (SRRA), a suite of improvements known collectively as SRRA 2.0. Introduced a decade after the original SRRA, this legislation sought out to improve upon the original set of regulations. One such tweak was to the list of acceptable remedial […]

  • How vapor intrusion is discovered and remediated

    Co-Authored by Don Richardson, President and Jacob Strauss, Senior Engineer.

    Vapor intrusion has evolved into one of the highest risks commercial real estate developers and owners face. Vapor intrusion can pose a greater risk than contaminated soil or groundwater. The rise of vapors from contaminated sources into buildings can pose an immediate risk if they reach hazardous levels.

  • EWMA and CohnReznick to Host Seminar on Estate Planning: Is Your Property At Environmental Risk?

    Panel discussion to be held on December 5, 2019 at CohnReznick, Roseland, NJ

    EWMA, an environmental consulting and remediation firm, and CohnReznick, a national advisory and accounting services firm, announced they are co-hosting a complimentary estate planning and environmental seminar, on Thursday, December 5, 2019.

  • Tackling post-remediation care in New Jersey

    Environmental remediation projects are rarely a one-and-done undertaking. A site may need to be monitored and maintained long after regulatory agency closure, if the active remediation did not achieve the most stringent cleanup standards.

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