Definition
Phase inspections assess environmental contamination risk from a property's industrial or commercial past. If there's any chance the land was polluted, you need to know before you buy.
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Phase inspections assess environmental risks on properties with industrial or commercial history. Phase I reviews records and site conditions. Phase II includes soil/water testing. Phase III involves remediation planning. Cost ranges $1,000-5,000+ depending on property history and risk. Required for commercial property transactions. Identifies contamination preventing costly surprises. Insurance implications for contaminated sites. Environmental liability issues require professional assessment. Growing standard practice for at-risk properties.
Pro Tip
If a property has an industrial history, get a Phase I inspection. It's cheap insurance against discovering a $100,000+ environmental cleanup after closing.
Example
Phase I inspection identified historical gas station use requiring Phase II testing and remediation.