Reply To: Is enough consideration given to Environmental health and safety due diligence?

#38673
Michael Hubsmith
Participant

We run into the need for an environmental study to be completed prior to being able to sell real estate with the sale of a business in some industries. These studies are expensive, remediation more expensive and sometimes are a deal killer. In these situations, we will have the buyer and seller work out a lease arrangement versus buying the real estate.

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