part 2 unit 14- residental property and grow-ops Flashcards
signs that a property may be currently in use as a grow-op
-snow is not visible when others have it still
-odor like cabbage/skunk, humming sound
-security like guard dogs, high fences
-windows covered with black plastic
- unusual electric hookups
Former residential grow-ops are offered for sale to cover up, watch for these signs
-mold
-brownish stains on walls/floors
-high moisture levels
-rusting on pipes, furnaces, or metal around windows
remediation
helps to ensure the health and safety of the new owners.
If house is grow-op and client wants to purchase, advise them to speak with who?
mortgage broker or lender
market-imposed penalty that results from intangible factors such as possible public liability, fear of additional health hazards, or fear of the unknown.
Stigma
stigma may affect a property that
- is known to be contaminated or was
-not contaminated but located near a hazard
several characteristics that may indicate a drug lab
-smell like nail polish remover, vinegar, cat urine
-windows closed and covered
-frequent visitors day/night
-metal drum/boxes removed or painted over
phase I
the inspector determines if there is a reason to suspect that an environmental hazard exists
phase II
if reason to suspect contamination, the site and contaminants are tested.
phase III
if contamination is found, remediation is implemented.
components of phase I
records review, site visit, interviews, report
reliance letter
it states that a person or company may rely on the information in the report.