environmentalduediligencechecklist-PractisingLaw.docVIP

From PLI’s Course Handbook Eleventh Annual Commercial Real Estate Institute #18165 28 Environmental Due diligence Checklist Jacqueline M. Vidmar Seyfarth Shaw LLP  A. Physical Condition of Property 1. Underground Storage Tanks - any currently existing aboveground or underground storage tanks, or tanks previously located at the property? Provide the following for each: size, construction; age (or age at removal or closure); current and past uses, including the time period for each use; if no longer in use, determine abandonment/closure/removal procedure; compliance with applicable registration and tank maintenance, testing and safety requirements 2. Any lakes, lagoons, impoundments, pits, septic tanks, trenches, dry wells, catch basins, ditches, trenches, or other open conduits that are or have been on the property? Provide for each: size; nature of material contained in or conveyed; liners and detection systems; and description of any dams, dikes or embankments 3. Determine and describe any pipelines now or previously on the property, including size and materials transported, when constructed, and type 4. Determine and describe any locations on the property where any materials, wastes, or substances have been released or disposed of, providing for each: size; when disposal or release occurred; nature of material waste or substance; and nature of disposal or release; any remedial action that took place 5. Are there any unusual land or soil coloration or other unusual conditions at the property? 6. Are there any stressed or unusual vegetation or physical irregularities that might indicate unusual subsurface conditions or disposal of wastes? 7. Are any areas on the property which would be or have been designated under federal, state or local regulations as wetlands, flood plains, coastal areas, habitat for endangered species or historical/archeological sites (location, size, type). B. Ongoing Operations at Property 1. Determine and describe any hazardous materia