Protect Your Real-Estate Assets And Maximize Appreciation
Property investments, regardless of their location: urban, suburban, or rural, depreciate in value if faced with contamination. Sometime, the suspicion of an environmental lapse is enough to derail a sale, and lenders often require proper environmental due diligence before a transaction.
From land contamination to asbestos in commercial or rental properties, a careless handling of environmental controls can be very damaging and costly. Sellers, buyers, property managers are all exposed. While carrying environmental insurance can protect against liabilities, the costs, when added up, are too high.
The biggest cost is the toll on human health. It is too great of a risk to let pollution and contamination risks go unchecked in the event of an impact on humans. The liability will always be far greater than the value of the investment, leaving no choice for all real-estate actors to mitigate against any potential environmental risks.
Consolidate your compliance records: Achieve a clean system of record for all your permits and inspection documents, and maintain a continuous audit trail for all environmental matters.
Reduce your costs: By doing things right, you proactively manage your exposure. You also reduce costly remediation, legal fees, and better yet, optimize your spend on insurance.
Maximize your property’s appreciation: By proactively managing your environmental inspections and permits, you stay ahead of regulation and ensure compliance with environmental inspection. You protect your ability to transact with your property at the desired or maximal market value, without incurring delays or be subject to an inopportune and costly remediation.