Humber/Ontario Real Estate Course 2 Exam Practice

What describes a Phase 1 environmental site assessment for a development project?

1. Is one of four types (phases) of site assessments commonly used in the marketplace.

2. Emphasizes the testing process in which the scope of environmental problems is assessed.

3. Details remedial steps along with costs.

4. Emphasizes a visual inspection of the property and a review of relevant owner documents.

5. Involves chemical testing of soil and water samples.

6. Includes historical research of past land uses.

The correct answer is: Emphasizes a visual inspection of the property and a review of relevant owner documents.

A Phase 1 environmental site assessment for a development project emphasizes a visual inspection of the property and a review of relevant owner documents. This phase mainly focuses on identifying any potential environmental concerns or liabilities associated with the property based on physical observations and a review of documents such as environmental reports, permits, and historical records. It does not typically involve the chemical testing of soil and water samples, which would be part of a Phase 2 environmental site assessment. It also does not detail remedial steps along with costs, as that would be part of a Phase 3 assessment. Historical research of past land uses, as mentioned in option F, is indeed part of a Phase 1 assessment.