Finding pre - 2000 environmental insurance policy
So I am in a tight place, I have a property under contract I am looking for making a deal for. The buyers (A  multi -billion dollar hamburger company) wants proof of the environmental insurance policy from pre-2000, this property was once a gas station. I have nowhere to start. Thoughts. The owner from then has passed away 10 years ago.
[{"id": "f1f8zcx", "text": "There are firms that track this stuff down from way way older than that. I researched this a bit when I was looking to buy a chemical factory that had A LOT of environmental issues. They can track down anything but it costs money. Did you have a Phase I done on it? That's more of less just a historic review.", "replies": [{"id": "f1fbxo8", "text": "This is the answer. Also it shouldn't be that expensive.", "replies": [], "depth": 2}, {"id": "f1iuwpe", "text": "Your lender will require a Phase 1, possibly a Phase 2 if the Phase 1 historical research does not produce a \u201cNo further action\u201d letter attesting the site was properly remediated.", "replies": [{"id": "f1izam9", "text": "This is not always true but is probably true for this site", "replies": [{"id": "f1izzmn", "text": "Correct, a smaller loans secured by properties with no historical environmental concerns usually do not require a Phase 1.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "f1fauc3", "text": "Gas stations are usually registered with the state now. Check to see that things are mitigated/removed and the state may even be able to provide you with a clearance letter.", "replies": [], "depth": 1}, {"id": "f1l50m1", "text": "You have 2 main options:\n\n1. Depending on your state, you should be able to readily search your state environmental agency's database for records on the site. Gas stations are usually required to provide proof to the state of their insurance policy on the UST system.\n\n2. Hire a firm to perform a Phase I, which you should get done anyways. It will take typically 3 weeks and let the firm know your major concern is the Site's history of environmental insurance. They'll hunt it all down for you.", "replies": [], "depth": 1}, {"id": "f1mokla", "text": "as many have mentioned, you may need a phase 1 environmental site assessment - or maybe not - maybe a desktop review will suffice.\n\nmost importantly, it's time to engage an environmental due diligence consultant, even if just to understand your options.\n\nevery potential buyer will want environmental due diligence done to avoid a \"recognized environmental concern liability.\"", "replies": [], "depth": 1}]