Transaction Screen Training

GZA offers a two-day course specifically designed for non-environmental professionals to conduct a Transaction Screen for a property using the ASTM Standard Practice E1528-14 for Limited Environmental Due Diligence: Transaction Screen Process. The process involves a site visit, owner and occupant interviews, a search of specific government records, and historical land use inquiries. The course will help you understand the purpose of the Transaction Screen, and guide you through a practical approach to obtaining and interpreting records, preforming and documenting observations, and conducting interviews that yield relevant information. You will gain valuable insight into the advantages of the Transaction Screen process and decision-making criteria. 

Key components of the course include:

  • How to use the D1526 Questionnaire and Guide
    • Documentation techniques, ASTM copyright
       
  • How to properly identifiy and characterize a property and adjoining land
    • Helpful hints to expedite the process and avoid mistakes and confusion
       
  • Techniques for conducting interviews
    • Actual vs. Constructive knowledge
       
  • Where to find and how to interpret historical records
    • Publicly available sources, specialized vendors
       
  • Where to find and how to interpret government records
    • Web-based resources, specialized vendors, radius map reports
       
  • Recognizing the applicability and limitations of the Transaction Screen
    • Rural, residential, commercial, and industrial properties
       
  • Triggers for consulting a qualified Environmental Professional
    • Save crucial time and avoid unnecessary expenses.

This course will be especially valuable to specialized users such as governmental agencies procuring or divesting land, lenders confronted by foreclousres, and real estate professional seeking a way to control out-of-pocket due diligence costs at critical juncture of major transactions. Those mastering the Transaction Screen process will enjoy the added value of applying their knowledge of actual and perceived environmental impairment to buyer-seller negotiations.

Contact David Vieau or Sean Leary for more information.

Formal training on the ASTM Standards for environmental assessment is regularly offered by ASTM Technical and Professional Training. GZA is also available to customize a presentation to meet your specific needs.

Learn more about our due diligence services.

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Sean Leary

Sean Leary

Associate Principal/VP – Transaction Risk Management