Whether you’re buying, selling, or leasing a property its best practice to understand the extent of your liabilities. Buying and leasing commercial properties involves a substantial investment and identification of potential environmental and health liabilities should form part of your business’s due diligence.
Formaldehyde is now a Class 2 carcinogen according to Safe Work Australia.
Formaldehyde is one of many Volatile Organic Compounds (VOCs) and is used in the manufacture of many household items and the by-product of many combustion processes.
“CHILDHOOD exposure to environmental lead has been linked to mental, behavioural and physical deficits, and now the toxic lead dust has been connected to violent assault” Source – The Australian (more…)
Asbestos is a hazardous material that poses a risk to health by inhalation if the fibres become airborne and people are exposed to these fibres.
Exposure to asbestos fibres is known to cause mesothelioma, asbestosis, pleural plaque and lung cancer.
Asbestos containing materials (ACM) were extensively used in Australian buildings, plant and equipment, ships, trains and motor vehicles from the 1950’s till the 1970’s, and some uses, such as friction materials and gaskets were only discontinued on 31December 2003.
Despite regulation of asbestos containing materials, they are still common in commercial buildings and structures. (more…)
