ASTM E1527-13
Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process

Standard No.
ASTM E1527-13
Release Date
2013
Published By
American Society for Testing and Materials (ASTM)
Status
Replace By
ASTM E1527-21
Latest
ASTM E1527-21
Scope

4.1 Uses—This practice is intended for use on a voluntary basis by parties who wish to assess the environmental condition of commercial real estate taking into account commonly known and reasonably ascertainable information. While use of this practice is intended to constitute all appropriate inquiries for purposes of the LLPs, it is not intended that its use be limited to that purpose. This practice is intended primarily as an approach to conducting an inquiry designed to identify recognized environmental conditions in connection with a property. No implication is intended that a person must use this practice in order to be deemed to have conducted inquiry in a commercially prudent or reasonable manner in any particular transaction. Nevertheless, this practice is intended to reflect a commercially prudent and reasonable inquiry. (See Section 1.6.)

4.2 Clarifications on Use:

4.2.1 Use Not Limited to CERCLA—This practice is designed to assist the user in developing information about the environmental condition of a property and as such has utility for a wide range of persons, including those who may have no actual or potential CERCLA liability and/or may not be seeking the LLPs.

4.2.2 Residential Tenants/Purchasers and Others—No implication is intended that it is currently customary practice for residential tenants of multifamily residential buildings, tenants of single-family homes or other residential real estate, or purchasers of dwellings for one’s own residential use, to conduct an environmental site assessment in connection with these transactions. Thus, these transactions are not included in the term commercial real estate transactions, and it is not intended to imply that such persons are obligated to conduct an environmental site assessment in connection with these transactions for purposes of all appropriate inquiries or for any other purpose. In addition, no implication is intended that it is currently customary practice for environmental site assessments to be conducted in other unenumerated instances (including but not limited to many commercial leasing transactions, many acquisitions of easements, and many loan transactions in which the lender has multiple remedies). On the other hand, anyone who elects to do an environmental site assessment of any property or portion of a property may, in such person’s judgment, use this practice.

4.2.3 Site-Specific—This practice is site-specific in that it relates to assessment of environmental conditions on a specific parc......

ASTM E1527-13 Referenced Document

  • ASTM E2091 Standard Guide for Use of Activity and Use Limitations, Including Institutional and Engineering Controls
  • ASTM E2600 Standard Guide for Vapor Encroachment Screening on Property Involved in Real Estate Transactions

ASTM E1527-13 history

  • 2021 ASTM E1527-21 Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process
  • 2013 ASTM E1527-13 Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process
  • 2005 ASTM E1527-05 Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process
  • 2000 ASTM E1527-00 Standard Practice for Environmental Site Assessments: Phase 1 Environmental Site Assessment Process
  • 2000 ASTM E1527-97 Standard Practice for Environmental Site Assessments: Phase 1 Environmental Site Assessment Process
Standard Practice for  Environmental Site Assessments: Phase I Environmental Site  Assessment Process



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