June 01, 2016

So Your Client Wants to Sell Contaminated Property

Rebecca Wright Pritchett

Buying and selling property can be stressful events for clients under the best of circumstances. When the property is or might be contaminated, clients’ anxiety levels tend to skyrocket. These stress-inducing properties are referred to as “brownfields.” They may be abandoned, contaminated industrial sites or downtown properties with outdated commercial buildings and little or no contamination. According to the U.S. Environmental Protection Agency (EPA), a brownfield is any property where expansion, redevelopment, or reuse is complicated by the presence or potential presence of environmental contamination.

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