Phase I Environmental Assessment
A nonintrusive review of property history, records, interviews, and site conditions used to identify environmental concerns.
Quick flashcard
What does Phase I Environmental Assessment mean on the Texas real estate exam?
Answer: A nonintrusive review of property history, records, interviews, and site conditions used to identify environmental concerns.
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Phase I Environmental Assessment definition
A Phase I Environmental Site Assessment reviews historical uses, databases, interviews, environmental liens, and visible site conditions. It normally does not collect soil or groundwater samples.
A timely Phase I performed to the current EPA-recognized standard can support all appropriate inquiries. It does not automatically establish a CERCLA defense because the buyer must meet every statutory criterion and continuing obligation.
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On the exam
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Tested in
Disclosures & Environmental (9 of 80 National)
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