2015 Buyer Beware: Investigate Historic Use of Property

All property owners – residential, commercial and industrial – should investigate the historic use of property prior to committing to purchase using all appropriate inquiry under the circumstances of the transaction. Caveat Emptor (“buyer beware”) is an important legal concept that can hold the buyer and other responsible parties liable for hazardous substances on their property. The level of inquiry may vary given the nature of the transaction, lender requirements, etc., but national standards are available to determine the scope of any assessment. It is also critical to consider how the transaction is structured in terms of disclosures (e.g. representations by the Seller) and warranties that may attempt to limit the Seller’s exposure. According to this article, a division of national homebuilder Pulte Homes, denied responsibility for burying construction debris in the family’s backyard in Tampa, FL. Local news media claims that Pulte told them it “wasn’t responsible for the (homeowners) home which was built in 1990.” It should be noted that – in some parts of the U.S. – it was legal to bury construction related debris on-site, although such conduct is clearly not something most buyers would accept and has since been outlawed. Purchasers should retain the legal services of counsel familiar with such issues so that they can be addressed in the context of the purchase and sale agreement.

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2015 The Great Solar Panel Debate: To Lease Or To Buy?

Carvalho & Associates, P.C. recently went “solar” with our Massachusetts Coastal Office.  As a result, we are often asked about the financial considerations associated with this initiative.  Here is a great article from NPR discussing leasing versus purchasing solar panels.  Please contact us if you’d like to discuss using solar in your home, office or commercial property.

Read more: The Great Solar Panel Debate: To Lease Or To Buy?

2015 Carvalho & Associates, P.C. Goes Solar

Manchester-by-the-Sea, MA – Carvalho & Associates, P.C.’s Massachusetts Coastal Office is now solar powered. In late 2014, Atlanta-based Carvalho & Associates, P.C., a law firm specializing in environmental, energy and real estate matters, installed a 14,000 kWh photo-voltaic (PV) solar system at the firm’s Massachusetts Coastal Office in the Town of Manchester-by-the-Sea. The system, consisting of 40 ‘Signature Black’, high efficiency PV panels and dual inverters manufactured by SunPower, was connected to the grid in January 2015 and will supply the law firm’s daytime electrical power needs. The system is backed up by a natural gas fired high efficiency backup generator, and remains connected to the grid through net metering. “PV solar power makes sense for a lot of reasons”, says the firm’s President and Founder, Michael P. Carvalho, Esq. “We hedge future energy costs by using domestically produced energy, contribute to local job creation, enjoy tax incentives and reduce our contribution to global warming. It looks cool, too,” says Carvalho.

2015 Investment Fund Pours Cash Into Cleaner, Greener Fish Farming

Everyone knows “the big fish eats the little fish” but what happens when the supply of little fish runs out? This interesting article addresses this question in the context of aquaculture, a growing business around the globe. Read NPR’s article from “The Salt”: “Cleaner, Greener Fish Farming”

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