Who Pays For Environmental Inspections

Q: Who pays for an enviromental inspections on commercial real estate? Buyer or Seller?

A: In most cases, the purchaser pays for environmental inspections of the property they are purchasing (or negotiating to purchase). Inspections like these are usually done during the discovery period (contingency) that is negotiated in the purchase contract.

About the Author

Licensed since 1979, I give you my personal guarantee that your real estate transaction will be the most organized process you will ever experience.

+Rick Landuyt