Definition
An investigation identifying potential environmental contamination on a commercial property.
Example
The Phase I identified a former dry cleaner on site, triggering Phase II soil sampling.
Related terms
Frequently asked questions
What does Phase I Environmental Site Assessment mean in real estate?
An investigation identifying potential environmental contamination on a commercial property.
How is Phase I Environmental Site Assessment used in practice?
The Phase I identified a former dry cleaner on site, triggering Phase II soil sampling.
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