Expectation vs Environmental: The Due Diligence Starter Pack
Broker: It’s turnkey Phase I ESA: Recognized Environmental Condition. Seller: it’s "vintage soil" Lender: Need updated ALTA, roof report, 12 estoppels, and proof the parking lot exists Me at 2 a.m. underwriting: If I add one more contingency, the pro forma files for workers’ comp 😂🧯
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