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The purchase and sale of potentially contaminated
land is fraught with risks of environmental liability to both
seller and buyer. Such transactions require working knowledge
of such liabilities and skill in the negotiation of the necessary
disclaimers and/or indemnities in the instruments used in
the conveyance or lease of real estate. Without such legal
expertise, the buyer or seller may face enormous liabilities
that would have been avoided, minimized or allocated to others.
We have experience in the negotiation
and drafting of the appropriate documents for such real estate
transactions. The firm can also assist prospective purchasers,
investors, and lenders in gauging environmental risk discussed
in Phase I and/or Phase II environmental assessments of the
property.
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