When purchasing property, it is essential to take into account what environmental considerations need to be made in order to meet governmental and ethical standards. Some properties that may not initially appear to have any environmental concerns may be misleading.
It is an ethical responsibility of landowners to control environmental impact in order for our beautiful state to be preserved for future generations. Many of the environmental standards are upheld and enforced by federal and state laws. These laws could be costly for landowners if they face unforeseen environmental concerns on their property.
To be sure that all environmental considerations are taken into account, it is wise to consult with environmental experts. That’s why The Land Journal sat down with A-C-T Environmental and Infrastructure to discuss environmental considerations for landowners.
American Compliance Technologies (A-C-T) describe themselves as “a true “full-service” environmental services company,” with “a clear understanding and working knowledge of regional soils, geology, water resources, and regulatory and transportation requirements.”
A-C-T offers many "green solutions" designed to "achieve regulatory compliance, reduce environmental impact, and create long-term benefits." The A-C-T uses a three phase system to respond to environmental concerns on a property.
The first phase that the A-C-T performs is providing an in-depth due diligence report on possible environmental concerns. This is often done by researching and reviewing all available historical information. Old city directories, insurance maps, historical aerials, and other historical documents can provide essential information about a property's environmental history and risks. This first phase usually takes about 3 weeks to be completed.
Performing due diligence can be incredibly important for landowners that do not want to be found liable for negative environmental impacts. These reports can be used in a court of law to exonerate landowners. Financial institutions that help pay mortgages will likely require environmental reports for properties before making any agreements.
In the case that environmental concerns are found during the first phase, the second phase is initiated. The second phase consists of testing the land in order to ascertain the best way to proceed. After this testing the third phase is initiated. This phase is referred to as Remediation and is the process in which the land is cleaned up and rid of any contaminants.
Remediation can be an incredibly expensive process, so it is essential for property buyers to know about how much remediation may be required before purchasing any land.
Watch the video below for more information on environmental considerations for Florida landowners.
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