Reliance represented a buyer during a property transaction where a Phase I Environmental Site Assessment (ESA) was performed by the seller. During Reliance’s Phase I ESA efforts, two underground storage tanks were discovered that were not previously identified by the sellers consultants.
process
Reliance identified significant liability issues from historical operations that were previously unknown.
Client oriented approach – discussed the potential environmental risks at the property, proposed future use of property, and potential options to address the potential environmental risks.
Performed Phase II ESA, which identified actual environmental risks
Advanced project through PADEP’s Act 2 Program to secure Closure and obtain a Relief of Liability from the PADEP.
Liability/costs remained with the seller, while still allowing the transaction to proceed.
results
Liabilities attached to the discovered tanks remained with seller.
Successfully obtained liability relief for seller prior to property transfer.
Unidentified UST, Harrisburg, PA | Before
Identified UST, Harrisburg, PA | After
