Are you looking to invest in a new property or develop an existing one? If so, it’s important to assess the potential risks involved before making any commitments. That’s where the Record Search Risk Assessment (RSRA) comes in.
The RSRA is a comprehensive report that provides a brief site history and identifies any known current and past regulatory issues. This information is compiled from a review of governmental and historical records, as well as an analysis of the property’s NAICS code and an environmental questionnaire review.
Using the ASTM Standard E1528-14, the RSRA report will determine whether the property is considered a “High Environmental Risk” or “Low Environmental Risk” without the need for a physical site inspection. This can save you time and money, while also providing valuable insight into any potential risks associated with the property.
By conducting an RSRA, you can make informed decisions about property investment, construction, expansion, or development projects. It’s a small investment that can provide big returns in terms of risk mitigation and peace of mind. Don’t take any chances with your investments – get an RSRA today.