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Now completely updated, this comprehensive guide examines the issues, problems and pitfalls involved in the intersection of real estate, business, and environmental law. A unique and practical resource, this book covers the full range of environmental issues that arise when real estate is acquired, sold, developed, operated, financed, or the subject of a work out. Examining the intersection of real estate, business, and environmental law, Environmental Aspects of Real Estate and Commercial Transactions is written by a team of accomplished real estate, environmental, tax, land use, and business lawyers and technical experts, in private practice, corporations, government, and law schools. The clearly written, detailed, and timely chapters cover all aspects of the environmental issues that must be considered in the purchase, sale, or finance of real property, regardless of use. Covering the entire range of environmental issues that arise when real estate is acquired, developed, operated, sold, financed or the subject of a work out, every chapter has been substantially revised to reflect changes in law and practice. The book's 29 chapters are organized into four parts for quick access to pertinent information: Part 1: Overview environmental liability Part 2: Environmental due diligence Part 3: Issues related to the transactional structure, tax, and business matters Part 4: Environmental issues specific to real estate development