3 Changes To Watch In Commercial Property Due Diligence

Law360, New York (March 25, 2013, 11:36 AM EDT) -- Environmental due diligence is changing in the commercial real estate market in 2013. Here is our list of the top three things to watch in this year’s market.

1. Tenants Conducting Environmental Due Diligence to Qualify for Bona Fide Prospective Purchaser Protection For Contaminated and Formerly Contaminated Properties

In the past, tenants could only qualify for CERCLA landowner liability protections if the landowner qualified for those protections. If the landowner was unable to qualify for the defenses, or lost the ability to maintain those defenses during...
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