30
Oct
Environmental issues can significantly impact real estate transactions. Here are some common environmental issues that can arise: Contamination and Pollution: Environmental contamination, such as soil or groundwater pollution, can be a significant concern. Contaminants may include hazardous substances, chemicals, petroleum products, or other pollutants that can pose health risks or require costly remediation efforts. Hazardous Materials and Asbestos: Properties built before the regulation of hazardous materials may contain asbestos, lead-based paint, or other hazardous substances. The presence of these materials can require specialized handling, removal, or abatement procedures to ensure a safe environment. Wetlands and Protected Areas: Wetlands and protected…