The evaluation of environmental risk pertaining to real estate is an important element of the Technical Due Diligence process. Ongoing changes to environmental legislation places a significant duty of care on the property owner.This is an inspection and testing regime to identify and advise upon common hazardous materials (or “deleterious” or“prohibited” materials), such as: (i) Asbestos; (ii) Polychlorinated Biphenyls (PCBs); (iii) Synthetic Mineral Fibres (SMF) and chlorofluorocarbons (CFCs); and (iv) Lead Based Paint.

    If the property professional determines that a material identified on the property is suspect, a sample is usually taken and sent for analysis at an approved laboratory.

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