Environmental Concerns of Commercial Real Estate Quiz 2


Question 1 of 5.

Does an ASTM Phase I Environmental Site Assessment include sampling soil and ground water?

1. Yes
2. No
Question 2 of 5.

How old does a building have to be in order to need an asbestos survey prior to renovation or demolition?

1. 2.5 Years
2. 10 Years
3. 100 Years
4. It doesn't matter how old it is
Question 3 of 5.

Your firm purchases a property in Ohio that was historically a gas station in 1988 and an underground storage tank (UST) is discovered during construction. The former owner is now deceased. Is your firm responsible for the removal of the UST and clean up?

1. Yes
2. No
Question 4 of 5.

Your firm has a Phase I conducted of a site and contamination is known to exist based on historical research. What are your options?

1. PROCEED TO A PHASE II
2. PROCEED TO REMEDIAL ACTIONS (CLEAN UP)
3. DECIDE NOT TO PROCEED WITH THE TRANSACTION
4. ALL OF THE ABOVE
Question 5 of 5.

What is the chemical of concern associated with dental offices?

1. Perchloroethylene
2. Mercury
3. Lead
4. Methylamine

Next question 1 of 5

All 5 questions completed!


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Environmental Concerns of Commercial Real Estate Quiz 2

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