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Ii <br /> RILEYGROU <br /> ASTM E1527-13 DEFINITIONS OF TERMS <br /> activity and use limitations(AULs) <br /> "[L]egal or physical restrictions or limitations on the use of, or access to [the Site] (1) to reduce or eliminate potential exposure to <br /> hazardous substances or petroleum products in the soil, soil vapor, ground water, and/or surface water on [the Site] (2) to prevent <br /> activities that could interfere with the effectiveness of a response action,in order to ensure maintenance of a condition of no significant <br /> risk to public health or the environment." <br /> actual knowledge <br /> "[T]he knowledge actually possessed by an individual who is a real person,rather than an entity." <br /> adjoining properties <br /> "Any real property or properties the border of which is contiguous or partially contiguous with that of [the Site], or that would be <br /> contiguous or partially contiguous with that of[the Site]but for a street,road,or other public thoroughfare separating them." <br /> all appropriate inquiry(AA!) <br /> "[T]hat inquiry constituting 'all appropriate inquiry into the previous ownership and uses of the property consistent with good <br /> commercial or customary practice' as defined in CERCLA 42 USC §9601 (35) (B), that will qualify a party to a commercial real estate <br /> transaction for the threshold criteria for satisfying the LLPs to CERCLA liability..." <br /> asbestos-containing material(ACM) <br /> Any material or product that contains more than one percent asbestos. <br /> business environmental risks(BERs) <br /> "[A]risk that can have a material environmental or environmentally-driven impact on the business associated with the current or planned <br /> use of a parcel of commercial real estate, not necessarily limited to those environmental issues required to be investigated in this <br /> practice." <br /> controlled recognized environmental condition(CREC) <br /> "A recognized environmental condition resulting from a past release of hazardous substances or petroleum products that has been <br /> addressed to the satisfaction of the applicable regulatory authority (for example, as evidenced by the issuance of a no further action <br /> letter or equivalent,or meeting risk-based criteria established by regulatory authority),with hazardous substances or petroleum products <br /> allowed to remain in place subject to the implementation of required controls(for example, property use restrictions,activity and use <br /> limitations,institutional controls,or engineering controls)." <br /> data gap <br /> "[A] lack of or inability to obtain information required by[ASTM E1527-13]despite good faith efforts by the environmental professional <br /> to gather such information. Data gaps may result from incompleteness in any of the activities required by[ASTM E1527-13],"including, <br /> but not limited to conducting reconnaissance (for example, an inability to perform a complete reconnaissance) and interviews (for <br /> example,an inability to interview owners or regulatory officials). <br /> data failure <br /> "[A]failure to achieve historical research objectives...despite good faith efforts."A data failure is a type of data gap. <br /> de minimus condition <br /> "[A]condition that generally does not present a threat to human health or the environment and that generally would not be the subject <br /> of an enforcement action if brought to the attention of appropriate governmental agencies. Conditions determined to be de minimis <br /> conditions are not recognized environmental conditions nor controlled recognized environmental conditions." <br /> Tacoma,Washington Corporate Office Kennewkk,Washington <br /> Phone 253.565.0552 17522 Bothell Way Northeast Phone 509.586.4840 <br /> Bothell,Washington 98011 <br /> Phone 425.415.0551•Fox 425.415.0311 <br /> www.riley-group.com <br />