Commissioning environmental assessments
Environmental matters are of essential importance in real estate practice, corporate transactions and construction development.
This section examines the types of environmental services required by chartered surveyors and real estate advisors, as these become more numerous and broader in scope in order to meet demand. It begins by introducing the key drivers for undertaking an environmental assessment, before discussing these in the context of real estate transactions.
The practical aspects of selecting, appointing and using environmental consultants themselves (which may include specialist chartered environmental surveyors) are also considered. A summary is provided in the form of a checklist of key points.
Legislation: Health and Safety at Work etc. Act 1974
Guidance: RICS Valuation – Global Standards
Guidance: Environmental risks and global real estate, RICS (2018)