Due Diligence In New Jersey
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Class Outline
This class will cover:
- What environmental risks and liabilities can potentially be associated with real estate transactions
- Who needs to be concerned about those risks and liabilities, and when should adequate due diligence be conducted?
- How does environmental due diligence limit and offer protections against those risks and liabilities?
About the Class
Join us at 1 pm ET for this one and a half hour class
In this one and a half hour class, you will learn about real estate due diligence, with a focus on environmental due diligence, and be introduced to some of the many laws, regulations, standards, and guidance documents from where these due diligence activities are derived. You will learn about who may need to conduct environmental due diligence, and when it should be performed. You will also learn about the two primary types of environmental assessments in New Jersey — the ASTM Phase I Environmental Site Assessment (Phase I) and the Preliminary Assessment (PA) — the protections they offer, what they include, and what they don’t. The class will present certain due diligence-related legal nuances that are commonly encountered during real estate transactions. Several case studies will be used throughout the class for illustration purposes.
Who Should Attend
This course is intended for:
- Environmental Consultants
- Purchasers
- Attorneys
- Brokers
- Investors
- Tenants
- Lenders
- Sellers
- Developers
How to Register
The fee is $145 per person. After registering, you will receive an email ten days prior to the webinar with information about how to access the webinar. In addition to the webinar, you'll get 7-day access to a recording of the session.
About the Instructor
Chemmie Sokolic is the Principal of the Falcon Real Estate Group, and is an industry leader in the commercial and industrial real estate due diligence field, with more than 24 years’ experience. He has conducted over 1,000 due diligence assessments, inspections, and reviews at a diverse array of properties, from multi-family residences, retail complexes, and real estate portfolios, to larger and more extensive industrial, commercial, and manufacturing facilities. Chemmie is also a NJ-Licensed Real Estate Salesperson, and is the Due Diligence and Development Consultant at Wolf Commercial Real Estate. Chemmie holds a B.S. in Environmental Science, a M.S. in Environmental Management & Water Resources. and a Real Estate M.B.A. Chemmie is an active member of the ASTM Committee E50 on Environmental Assessment, Risk Management, and Corrective Action, and participates in several ASTM Task Groups including the E1527 Phase I Task Group where he was the final editor of the E1527-21 Phase I ESA standard, is an ASTM International-certified instructor and ASTM-certified Environmental Professional, and assisted in the design of ASTM’s Environmental Professional certification program. Chemmie has written numerous white papers and articles regarding environmental due diligence, and has been published and cited in several industry and trade journals.