Method And System For Assessing Environmental Risk Associated With Parcel Of Real Property
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United States of America Patent
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N/A
Issued Date -
Aug 28, 2008
app pub date -
Jan 3, 2008
filing date -
Jan 3, 2007
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
Disclosed is a system and method for assessing environmental risk associated with a parcel of real property through the form of reports which can be generated without the significant expense and time delay of a physical site inspection. Also disclosed is a method to facilitate contaminated land transactions by reports that provide consultancy, legal, and/or financial advice based on factors determined in the absence of a property site visit. In one aspect, the disclosed method comprises several steps based on certain determinations made using commercially-available and publicly-available databases. In another aspect, the disclosed method is a way of providing financial assurance via an insurance policy with the steps of supplying an environmental risk report and automatically supplying an environmental insurance quote based upon the environmental risk report.
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Cited Art Landscape
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