Environmental Due Diligence Information Requirements and Decision Criteria
AbstractEnvironmental due diligence, now a necessary precondition to a real estate transaction, has been raised to a higher priority by the so-called Superfund legislation. Although passed a decade ago, only in the last several years have this law's implications and their significance for real estate transactions been recognized. The reality of environmental liability combined with substantially constrained capital availability for new development projects will introduce new standards of development assessment and sere to constrain the pace of development activity in the 1990s. The awareness of developers and advisors, representing institutional investors, of environmental due diligence requirements and how information generated in the due diligence process is employed in property acquisition decisions is the subject of this article.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by American Real Estate Society in its journal Journal of Real Estate Research.
Volume (Year): 8 (1993)
Issue (Month): 1 ()
Contact details of provider:
Postal: American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323
Web page: http://www.aresnet.org/
Postal: Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323
Find related papers by JEL classification:
- L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (JRER Graduate Assistant/Webmaster).
If references are entirely missing, you can add them using this form.