X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Michael Dinger

The United States Environmental Protection Agency (EPA) has designated January as National Radon Action Month. High levels of radon are prevalent in every state across America. The EPA estimates that approximately 8 million homes throughout the United States have elevated radon levels and that as many as 21,000 lung cancer deaths are attributed to radon each year, the second leading cause of lung cancer. It is considered one of the most dangerous environmental contaminants that can be found in a CRE property. To properly address the questions and concerns that often arise during real estate transactions, while also avoiding potential liability complications, it is vital to engage “environmental professionals” and experienced consultants who hold the requisite radon expertise and knowledge. Given that there are practical and field-tested techniques to address the issue of radon, it does not need to delay or prohibit a real estate transaction from occurring.

Approximately 75% of all radon tests occur because of a real estate transaction.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.