Is Asbestos considered a recognized environmental condition?

Asbestos is a condition outside the scope of ASTM E1527-13 and is not considered a recognized environmental condition (REC).

What is considered a recognized environmental condition?

A Recognized Environmental Condition (a REC) is “the presence or likely presence of any hazardous substances or petroleum products in, on, or at a property: (1) due to any release to the environment; (2) under conditions indicative of a release to the environment; or (3) under conditions that pose a material threat of …

What is a recognized environmental condition in a Phase I ESA?

A Recognized Environmental Condition, or REC, is a term used in a Phase I ESA report to identify a particular, potential environmental impairment on a property. However, finding a REC, HREC or CREC in a report is no reason to panic if you have a grasp of what they mean for your transaction.

What is considered a REC?

Definition of Recognized Environmental Condition

Central to the definition of a REC is the occurrence of a “release” whereby hazardous substances or petroleum have entered on-site or off-site soils or groundwater or some other media.

What does rec mean in environmental?

The question arises because the term “REC” (short for “Recognized Environmental Condition),” is the terminology used by environmental consultants in “Phase I Environmental Site Assessments” (Phase I) to identify environmental risks on properties to be sold, purchased, or financed.

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What are examples of environmental conditions?

Environmental Conditions means the state of the environment, including natural resources (e.g., flora and fauna), soil, surface water, ground water, any present or potential drinking water supply, subsurface strata or ambient air.

What is a vapor encroachment condition?

The ASTM definition of a Vapor Encroachment Concern or “VEC” is “the presence or likely presence of chemical of concern vapors in the subsurface of the target property caused by the release of vapors from contaminated soil and/or groundwater either on or near the target property.”

What are RECs in a Phase 1?

The Phase 1 Environmental Site Assessment investigation may uncover recognized environmental conditions also called RECs. These are hazardous substances that exist(ed) on the property which may have been released, into the environment.

What is a BER in an environmental report?

Business Environmental Risks (BERs)

What is an environmental Phase 2 report?

The purpose of a Phase II Environmental Site Assessment Report is to evaluate the presence, or absence of, petroleum products or hazardous substances in the subsurface of the site.

What is an example of environmental impact?

In other words it is the effect that people’s actions have on the environment. … For example, when volatile organic compounds are released into the environment, the effect or impact is pollution in the form of smog, in this case being negative.

What is a de minimis condition?

De minimis condition is defined by ASTM as “a condition related to a release that generally does not present a threat to human health or the environment and that generally would not be the subject of an enforcement action if brought to the attention of appropriate governmental agencies.

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Is a CREC a REC?

The term CREC, or “Controlled REC” refers to a REC with past releases that have been addressed, but where contamination still remains and is subject to the implementation of required activity use limitations (AULs) such as institutional or engineering controls.

Is a data gap a REC?

if not reviewed, is it a REC? is it a data gap? Answer: Regarding Questions #1, Yes, and that is a requirement under the current E1527-05 HREC definition.