Practice 9C: Environmental Due Diligence
Source
About This Practice
This guidance covers Practice 9C, which includes one element:
For every land and conservation easement transaction, conduct or obtain a preliminary environmental investigation, transaction screen or Phase I assessment to identify whether there are any conditions that pose environmental risks, and take steps to address any significant concerns
© 2017–2022 Land Trust Alliance, Inc. All rights reserved.
Membership Required
This resource is a Land Trust Alliance member benefit for the staff, board and volunteers of land trust and affiliate member organizations, and Alliance donors at the Protector level.
Explore related resources
- Alliance members: $70.00
- Non-members: $100.00
Due Diligence
Due diligence is a term of art that most lawyers and real estate professionals use as easily as restaurant wait staff reciting the day’s specials. This document defines the term and provides context and examples of risks of not conducting due diligence.
Due Diligence Checklist - Donation
This is a handy checklist for transactions from the Tax Benefits and Appraisals course book.
Due Diligence Done Right
This webinar provides a road map to help you navigate the complex legal, technical and practical matters involved in conservation easement and fee acquisition transactions. Conservation attorney Sara Clark will discuss the essential steps involved in due diligence.
Hazardous Material Liability Under Federal Law for Conservation
Whether CERCLA liability applies to conservation easement holders remains unsettled and must be addressed on every property. Several tools exist to manage CERCLA liability risk. Practice 9C of Land Trust Standards and Practices addresses CERCLA risk.
Practice 9A: Legal Review and Technical Expertise
This guidance covers Practice 9A: Legal Review and Technical Expertise.
Practice 3D: Board Approval of Transactions
This guidance covers Practice 3D: Board Approval of Transactions.
Reading Surveys
Determining a property’s boundaries is a necessary part of a land trust’s due diligence. This document lays out how to read a survey and includes a checklist on what to check and an exercise to practice your skills.
Practice 9D: Determining Property Boundaries
This guidance covers Practice 9D: Determining Property Boundaries.
Practice 9E: Conservation Easement Drafting
This guidance covers Practice 9E: Conservation Easement Drafting.
Sample for Practice 8D: Codicil to Bequeath a Conservation Easement
This is sample language for a codicil to bequeath a conservation easement in a will from the accredited Vermont Land Trust.