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Service offers retrieval of environmental records.

Service offers retrieval of environmental records

Fast search and retrieval access to files from federal, state and local environmental agencies will soon be available through the nation's most comprehensive environmental public information system. Prentice Hall Legal & Financial Services (PHL&FS) and Environmental Audit, Inc. (EAI) announced a joint agreement to provide professionals in law, finance, real estate, insurance and consulting with online access to federal, state and local government reports identifying environmental hazards located on or near specific properties, or environmental hazards and compliance violations affecting businesses.

"The Unique part of the joint service is the combination of an online environmental database with a national document retrieval service," said James Mauch, senior vice president of EAI. "For the first time, a lawyer or consultant can get a quick online review of environmental risks associated with a property or with a business, and then make a follow-up request for the agency file on the property or the business that raises a concern."

"Current laws require a thorough investigation of the environmental history and health of real property and its business or operator in a variety of circumstances" said Steve Maurtha, marketing manager for corporate services at PHL&FS. "There are, for example, more than 750,000 commercial real estate deals a year that might require this type of research." "Our alliance with EAI will provide these professionals with the most comprehensive access to environmental records available."
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Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Legal Review Section; Prentice Hall Legal & Financial Services
Publication:Real Estate Weekly
Article Type:Brief Article
Date:Dec 18, 1991
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