Due diligence screens made easy

Salvesen, D.

Due diligence screens made easy - 1994 - Urban Land 53(6) June 1994, 8-9(2) .

Discusses the growing trend in the United States for developers and lenders to perform a due diligence test of Phase I audit finalising a real estate deal. A quicker, less rigorous information gathering process, a transaction screen, is conducted for smaller properties. Sophisticated environmental databases provide the exact location and profile of all known US sites contaminated with hazardous wastes etc. Summarises details of the three largest environmental database companies.


CONTAMINATED LAND
Contamination
DUE DILIGENCE TESTS
ENVIRONMENTAL AUDITS
HAZARDOUS WASTES
PHASE ONE AUDIT
TRANSACTION SCREEN
UNITED STATES