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How Environmental Hazards Affects Real Estate

Per California environmental law, it is required of all parties who are looking to sell a property to adequately and fully disclose any environmental hazards that are associated with the property – especially should the presence of these hazards have any bearing whatsoever on the value of the premises. These types of hazards can include the presence of asbestos, having lead-based paint on any of the walls or even having formaldehyde present in any of the building materials.

It, however, is important to note that while it is the responsibility of the broker – it is also the responsibility of the buyer to properly and adequately look through the property that they are considering buying to look for such hazards. Even if they do not bring forward issues immediately, it is important that they act quickly as there is typically a two year cap with which they can bring forward an issue with a claim.

At Manly, Stewart & Finaldi, we recognize the complications that environmental law can bring to real estate transactions and we are here to help ensure that our clients have the necessary legal assistance that they deserve. No matter whether you are looking into purchasing land or if you are selling, you need to make sure that your transaction is protected.

By working with a knowledgeable California real estate lawyer from our firm, you can rest assured knowing that our firm will be there every step of the way to help you. We are knowledgeable about environmental compliances and can even help should you find yourself facing complex environmental litigation. To learn more about how we can help, please do not hesitate to contact a California real estate attorney from our legal team as soon as possible by calling us toll-free at 800-761-2220.

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The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship. Manly, Stewart & Finaldi attorneys are licensed to practice law in California, New York, Arizona, Texas and Alaska.Attorney Web Design
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