A standardized investigation of a property's environmental history used to identify potential contamination risks. Required by most Canadian commercial lenders before financing is approved, a Phase 1
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A standardized investigation of a property's environmental history used to identify potential contamination risks. Required by most Canadian commercial lenders before financing is approved, a Phase 1 ESA covers a historical land use review, visual site inspection, and regulatory database search — but does not involve physical sampling of soil or groundwater.
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