Under the Environmental Assessment, Threatened or Endangered Species, and Wetlands Addendum attached to the contract from Johnson to Swanson, who pays for the environmental assessment?

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24-05-2022
Biology

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Under the Environmental Assessment, Threatened or Endangered Species, and Wetlands Addendum attached to the contract from Johnson to Swanson, who pays for the environmental assessment?

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okpalawalter8 okpalawalter8 · Answer 1 · 2022-06-06T21:33:24+02:00

"Under the Environmental Assessment, Threatened or Endangered Species" The cost of the ESA will be transferred to the buyer if the lender pays for it beforehand consequently Swanson will pay for the environmental evaluation. This is further explained below.

Definition of Environmental Impact Statement?

An EIA provides insight into the feasibility of a project and is thus a key component of the Environmental Assessment.

In conclusion, ESA costs will be transferred onto buyers if lenders pay for them up in advance, so Swanson will pay for an environmental evaluation.

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