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If you are considering buying real estate for a business venture, you are likely aware that there is always a certain amount of risk involved. The best investors know the importance of minimizing risk, particularly as it relates to assuming potential future liability. A potential issue may relate to soil contamination, as it is very possible that you may ultimately be held responsible for existing soil conditions and any harmful issues that it may cause. Of course, there are methods available that help you protect your investment while also reducing the dangers of any contaminants that may exist in the soil.
Great Danger in Assuming…
Asbestos is a naturally-occurring mineral that was manufactured into a popular insulating material for many years. From the 1940’s until 1978, when they were banned from further production and use, asbestos was installed in commercial and residential buildings across the United States. While highly flame-resistant and energy-efficient, asbestos is prone to flaking. Microscopic asbestos fibers are released into the air and, when inhaled, can lead to serious illness.
Sources of Asbestos in the Home
While buildings constructed after 1978 use other methods of insulation, older buildings may still contain materials created from asbestos. Here are the most common construction materials created with asbestos.
- Home Insulation: The spaces between wooden…
When most people think of mold, the first thing that pops into their head is a moldy slice of bread or other food item that has been sitting on the counter for too long. However, some types of mold are much more dangerous than the mold found in your refrigerator, and they are also more difficult to find. If you have excess moisture in certain areas of your home, or if you have a leak in your roof that you are unaware of, you could also have a potentially dangerous mold problem that you may not be able to see without doing some serious investigating. People who live…
