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Author: Bick Law LLP

Environmental Disclosure Laws in Real Estate: Your Legal Duty to Inform Buyers and Tenants

Fri Aug 15th, On Environmental Law, by

In California, real estate owners owe various legal duties to inform prospective buyers and tenants of environmental hazards on their properties. Noncompliance with these legal duties can expose owners to substantial liability, so it is essential to work closely with an experienced California environmental attorney to ensure compliance. Of course, in addition to disclosing environmental hazards, owners of commercial and residential properties may also be required to make various other […]

Pollution Liability Insurance: A Key Tool for Closing Commercial Real Estate Transactions

Thu Jul 31st, On Environmental Law, by

Most commercial general liability (CGL) insurance policies exclude coverage for pollution-related liability. This has been the case for nearly 40 years, since the insurance industry took steps to protect itself in the wake of the enactment of the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). But, for prospective buyers who want to protect themselves, there are still options available. Learn more from the California contamination lawyers at Bick Law […]

Digging for Insurance Coverage for Pre-1986 Environmental Contamination

Thu Jul 24th, On Compliance Counseling, by

Environmental cleanup liability can be costly, and in many cases, it stems from contamination that occurred decades ago, often before the current property owner ever acquired the site. Current and former owners of contaminated properties can face liability in both civil litigation and federal and state enforcement proceedings.  This article focuses on a frequently overlooked strategy for managing that liability: locating and pursuing coverage under pre-1986 insurance policies. Working closely […]

Top 5 Mistakes Buyers Make During Environmental Due Diligence (and How to Avoid Them)

Thu Jul 17th, On Environmental Law, by

For prospective buyers of commercial and industrial real estate, conducting environmental due diligence is a critical step in the transaction. It is not only a best practice to ensure informed decision-making, but also a key tool for mitigating liability, particularly when guided by a California environmental attorney. Under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), buyers that conduct “all appropriate inquiries,” or “AAI,” and meet other applicable requirements […]

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