Final answer:
An environmental site assessment may be required during a residential resale when there are potential environmental hazards or concerns associated with the property.
Step-by-step explanation:
An environmental site assessment may be required during a residential resale when there are potential environmental hazards or concerns associated with the property. This assessment helps to identify any existing or potential contamination that may affect the property value or pose health and safety risks to the residents.
Some examples of when an environmental site assessment may be required include:
- If the property is located in close proximity to a hazardous waste site, such as a landfill or industrial facility
- If there are signs of environmental damage or contamination, such as chemical spills or leaking underground storage tanks
- If there is a history of oil or gas drilling on the property
- If the property is located in a flood-prone area or near bodies of water.