What environmental laws apply to commercial real estate transactions?

In California, environmental laws are an important factor to consider when engaging in commercial real estate transactions. These environmental laws are in place to protect the environment from potential hazards associated with commercial real estate projects. The California Environmental Quality Act (CEQA) is a state law that requires local governments to consider the potential environmental impacts of a project before it is approved. CEQA also requires disclosure of potential environmental risks and allows public input. The California Legislature also passed the Greenhouse Gas Emissions Reduction Act of 2020, which requires buildings to be constructed in a certain way to reduce carbon emissions. The California Coastal Commission regulates activities occurring in or influencing the coastal zone, which is defined by state law. This includes protecting the natural resources located in the coastal zone. The California Endangered Species Act protects threatened and endangered species and their habitats. In addition, the Safe Drinking Water and Toxic Enforcement Act of 1986, more commonly known as Proposition 65, requires businesses to provide warning labels for products that contain hazardous chemicals. When considering a commercial real estate transaction, it is important to be aware of these environmental laws and understand how they may affect the transaction. It is also important to consider any potential environmental impacts associated with the project. By being aware of these laws and their potential impacts, businesses can ensure that their transactions comply with California’s environmental regulations.

What environmental laws apply to commercial real estate transactions?

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