Its a risk, but could you have the property tested per the written codes??? The risk is if you know, then legally you need to disclose.Just received a threatening letter from my lawyer if I don't do a $15k phase 2 on my building he'll quit. He has advised me to seek further advice from an environmental lawyer.
I will reply back that he's fired. I don't need another 800 dollar an hour lawyer to advise me how to sell my property. There's no law that says I need a phase2 because of a nearby cleaners that operated up the street nearly 30 years ago. Nobody is holding a gun to these buyers heads that say they must buy the building. You want it, or leave it. The entire area is fed by city water. No one has an artisan well. No need to go looking for pollution, my shop is clean. I never put any dangerous chemicals in the ground. I know how these greenies work that do environmental assessments....they keep looking, and looking, till they can find something that they can remediate. Thats where the really big money is at. The entire city core has ground water pollution from all the industry thats gone on over the past 2 centuries. It's these crazy lawyers covering their butt with this bs, instead of just writing up the transfer of the property.
Just received a threatening letter from my lawyer if I don't do a $15k phase 2 on my building he'll quit. He has advised me to seek further advice from an environmental lawyer.
I will reply back that he's fired. I don't need another 800 dollar an hour lawyer to advise me how to sell my property. There's no law that says I need a phase2 because of a nearby cleaners that operated up the street nearly 30 years ago. Nobody is holding a gun to these buyers heads that say they must buy the building. You want it, or leave it. The entire area is fed by city water. No one has an artisan well. No need to go looking for pollution, my shop is clean. I never put any dangerous chemicals in the ground. I know how these greenies work that do environmental assessments....they keep looking, and looking, till they can find something that they can remediate. Thats where the really big money is at. The entire city core has ground water pollution from all the industry thats gone on over the past 2 centuries. It's these crazy lawyers covering their butt with this bs, instead of just writing up the transfer of the property.
I've come to the conclusion I have the wrong lawyer, he's working with the city. He has to stay in their good graces. I'm small potatoes in the grand scheme of things $$$. From what I can tell the cities mayor took him to the wood shed already. The city, and these buyers need to be in by mid November, and want the building badly due to its location, and condition. It's the rest of the land it sits on, their so worried about. I've known what these environmental guys do when having a phase 2....they keep looking, and drilling till they hit payday with something that quickly turns into a million $$$$$$$ to remediate. Thats their job. They already know the entire city area has ground water pollution of sorts, so this is like gold to them. Once you allow them to test, by law you're now on the hook for it all. Imo, it's a huge clean water act scam to those that aren't aware of this.Its a risk, but could you have the property tested per the written codes??? The risk is if you know, then legally you need to disclose.
Definitely, dump that lawyer. He is not working for your interest. If you do the $15k Phase 2, then you don't need him. Either way, bye-bye.
Already have to my commercial real-estate agent if this doesn't work out....in fact I went up $30k. I'm going to let them stew for a week before giving my final answer, NO.i would just raise the selling price to compensate for the BS
We had the same bs many years ago when they proposed a new interstate highway to alleviate the heavy traffic in the area instead of traveling a lot further before hitting the exit to these other cities. In the end the environmentalists won. The road was never built to this day.ARDOT hosts meeting discussing the possibility of turning Highway 412 into an interstate
This is the second meeting on the U.S. Highway 412 Planning and Environmental Linkages Study.www.5newsonline.com