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Home / Commentary / A No Further Action letter might only be a temporary reprieve (access required)

A No Further Action letter might only be a temporary reprieve (access required)

For those familiar with commercial real estate deals, it is well known that buyers and lenders want to see a No Further Action Letter when dealing with property that has suffered some sort of environmental contamination. An NFA is seen as a panacea for all environmental ills on real property. Lenders demand to see an NFA ...

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