Due diligence is a non-intrusive investigation to determine if any areas might be environmentally impacted. It is most often performed during a purchase or refinance of a commercial or industrial property. In New Jersey, you cannot sell, close, or transfer ownership of selected businesses unless the property has undergone due diligence prior to completing the transaction. NJ also requires due diligence why complying with the Industrial Site Recovery Act (ISRA).

To qualify for innocent purchaser defense, LSRPs can make sure that environmental liabilities are accounted for and all requirements of the NJDEP are met, in order to make the transaction process move as smoothly and quickly as possible.