What is a Phase 2 Environmental Site Assessment report?
When a Phase 1 ESA report finds a “Recognized Environmental Condition,” a Phase Two Environmental Site Assessment report is typically recommended, in order to screen the soil and/or groundwater for potential significant environmental liabilities, whether they may be regulatory-mandated cleanups or toxic tort liabilities. These reports usually consist of using a drill rig or hand auger to collect shallow soil samples to determine if previous storage and use of chemicals at a property has released regulated substances into the ground that may be affecting the value of the property.
