Environmental Regulations Affecting Real Estate
Environmental Regulations can deter and lengthen a real estate transaction. Environmental due diligence in real estate transactions involves the assessment of known, potential, and contingent environmental liabilities and obligations associated with a parcel of property to be acquired. The presence of hazardous building materials, including asbestos, radon and lead-based paints, in onsite structures. Known or potential soil or groundwater contamination beneath the property from current and historic uses. A new property owner could run into costly environmental issues if due diligence is not practiced while purchasing the property.
This class will educate employees on the history of environmental regulations. They will learn more about building material that utilized over the last 100 years (Lead, Asbestos, Mercury, VOCs). The attendees will learn what types of contaminants are found in homes and how to address them when found during a home inspection. This CORE class is designed for attendees interested in both learning fact from fiction and practical management/remediation of common environmental issues with residential real estate. Upon completion of this course, the attendee will be able to navigate through a real estate transaction where environmental is- sues become a concern or an issue.