Phase I Environmental Assessment
A nonintrusive review of property history, records, interviews, and site conditions used to identify environmental concerns.
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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- Phase II Environmental Assessment
Targeted sampling and laboratory analysis used to investigate a specific environmental concern identified at a property.
- CERCLA
The federal Superfund law authorizing responses to hazardous-substance releases and recovery of cleanup costs from liable parties.
- Brownfield
Property whose expansion, redevelopment, or reuse may be complicated by actual or potential environmental contamination.
This definition is Texas real estate exam-prep education, not legal, tax, or professional advice. Verify current rules against the official source before relying on them for a real transaction. Back to the full glossary.