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Jan 13th, 2007, 01:08 PM
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#1 |
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environmental problems
Country: Canada
State: Ontario Hello, I am entertaining the purchase of property that is currently under-going a Phase 1 environmental assessment. Regardless of the outcome of this assessment, I would like to know what conditions I can put into my offer so that I would not be held responsible should future environmental problems arise. Is there such thing? Thanks |
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Jan 13th, 2007, 05:26 PM
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#2 |
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Re: environmental problems
You can ask for an environmental indemnification--ie they will pay you if that happens--and you can hold back part of the purchase price in escrow to cover it as well if they would agree...
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Apr 22nd, 2008, 10:34 AM
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#3 |
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Re: environmental problems
you ***in suck *****
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