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In the United States, an environmental site assessment is a report prepared for a real estate holding that identifies potential or existing environmental contamination liabilities. The analysis, often called an ESA , typically addresses both the underlying land as well as physical improvements to the property.
Due diligence can be a legal obligation, but the term more commonly applies to voluntary investigations. It may also offer a defence against legal action. A common example of due diligence is the process through which a potential acquirer evaluates a target company or its assets in advance of a merger or acquisition. [1]
Landfills are common LULUs.. In land-use planning, a locally unwanted land use (LULU) is a land use that creates externality costs on those living in close proximity. These costs include potential health hazards, poor aesthetics, or reduction in home values.
Annaleine “Anne” Reynolds snapped up some vacant land in Hawaii for about $22,500 at an auction back in 2018. ... Commercial real estate has beaten the stock market for 25 years — but only ...
The Commission on Water Resource Management (CWRM) administers the 1987 State Water Code, Chapter 174C of the Hawaii Revised Statutes. "It has jurisdiction over land-based surface water and groundwater resources, but not coastal waters and generally, it is responsible for addressing water quantity issues, while water quality issues are under the purview of the Hawaii Department of Health. [5]
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Typically this occurs after the buyer gets the property under contract and during the period that it is performing due diligence. The buyer may raise a due diligence issue and demand a purchase price adjustment to a lower re-trade price. The seller can be left in a bad situation where it must either accept the lower price or lose the sale and ...
A kuleana is the smallest portion of land in the traditional ahupuaʻa system of land management and would be cultivated by a single tenant family on behalf of a regional chief. These rights were first acknowledged in statute as part of the Great Māhele of King Kamehameha III and the Kuleana Act of 1850 and continue to be protected by the ...