Question

A prospective buyer of commercial or industrial property should include in an offer to purchase A) a waiver from future liability for any contamination found on the property. B) the establishment of a trust account to cover the cost of any property decontamination. C) a request for an affidavit by the seller that there are no contaminants on the property. D) a contingency to allow for an environmental site assessment.

Answer 1

A prospective buyer of commercial or industrial property should include in an offer to purchase

• D. A contingency to allow for an environmental site assessment

What is Site Assessment?

This refers to the gathering of data for a particular area of land to evaluate and assess whether the property is a possible risk to humans who live there.

With this in mind, we can see that a prospective buyer should make an inclusion of the contingency where he would allow for site assessment to make sure that he is buying a good property for development.

Therefore, the correct answer is option D

Read more about site assessment here:
https://brainly.com/question/13171394