New 'All Appropriate Inquiry' Rule to Change Environmental Due Diligence.

Extract


New 'All Appropriate Inquiry' Rule to Change Environmental Due Diligence.

On November 1, 2005, the United States Environmental Protection Agency (U.S.EPA) issued the final rule defining the standard for conducting "All Appropriate Inquiry" (AAI) for Phase I Environmental Site Assessments (Phase I ESAs). Phase I ESAs are the most common means by which parties to a property or business transaction conduct "environmental due di...

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