Insights
Environmental due diligence - How to take proper precautions when buying real estate
on 02/03/2014
As written in the February 2014 Smart Business News Akron/Canton
By Meagan L. Moore, Brouse McDowell, LPA
The environmental due diligence process can be time-consuming, which is why buyers should get started early when entering into negotiations to purchase property.
"Depending on when environmental due diligence begins, environmental issues might not be discovered until close to the end of the deal. That could result in a transaction not closing for months after initially planned, which was the case in a matter we had this year," says Meagan Moore, a partner at Brouse McDowell.
Click here to read the rest of the article.
By Meagan L. Moore, Brouse McDowell, LPA
The environmental due diligence process can be time-consuming, which is why buyers should get started early when entering into negotiations to purchase property.
"Depending on when environmental due diligence begins, environmental issues might not be discovered until close to the end of the deal. That could result in a transaction not closing for months after initially planned, which was the case in a matter we had this year," says Meagan Moore, a partner at Brouse McDowell.
Click here to read the rest of the article.