Basics Environmental, Inc. (Basics) is a small minority owned business enterprise (MBE) specializing in performing environmental screens, "Phase I & II" environmental site assessments, and reviews for real estate and financial transactions throughout Northern California.
Basics provides the environmental status of a subject property or properties that support your process in evaluating the "risks" associated with providing financing for transactions.
Depending upon applicable federal and state laws, the costs of environmental cleanup could materially affect your risk of loss and/or impair the value of your security interest in the uses of the subject property.
Accordingly, Basics provides all the appropriate inquiries into the previous ownership and uses of the subject property consistent with good commercial and prudent environmental practices in an effort to minimize liability, and follows, at a minimum, the latest protocols set forth by The American Society for Testing & Materials (ASTM) Standard E1527, Standard Practice for Environmental Site Assessments, Phase I Environmental Site Assessment Process and and Environmental Protection Agency's All Appropriate Inquiry (AAI) Final Rule 40 CFR Part 312.
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