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Environmental Issues in Real Estate Purchase and Sale Agreements

By George P. Bernhardt
Greenfield site will have a low likelihood of environmental contamination, and the parties will treat it accordingly.

Greenfield site will have a low likelihood of environmental contamination, and the parties will treat it accordingly.

(credit: iStockphoto)

All purchase and sale agreements have environmental considerations, no matter how slight. There are environmental risks involved in purchasing even seemingly clean properties that have no history of industrial usage. Consider, for example, the following:

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