How to Sell Environmentally Impaired Distressed Properties in a Declining Economy

Bloomberg Law ReportsEnvironmental Law

The article discusses legal and practical issues involved with the sale of an environmentally contaminated property and how real estate sellers can effectively manage transactional risks while staying competitive amid the current state of the economy. It addressed marketing strategies such as the carve out” approach and the as-is, where-is” offer. The article also examined due diligence reviews, brownfield” incentives and allocating environmental risks.