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Financial institutions require the completion of environmental due diligence of a commercial real estate collateralized lending transaction for many reasons. They may wish to understand the environmental condition of the proposed collateral and ensure a Borrower's compliance with applicable regulations prior to making a loan; to reevaluate the collateral during a renewal or refinance transaction; to determine the collateral's condition at the time of a loan default; or to obtain information about an unexpected environmental condition encountered within the loan term.
By now, most mold investigators and IAQ professionals have heard of EPA's celebrated sampling and analytical system called ERMI-Environmental Relative Moldiness Index. Developed by Dr. Stephen Vesper, et. al.1, ERMI is perhaps the most far-reaching, technologically advanced and comprehensive attempt to date to determine the fungal burden of a home or residence.
After advising building owners, attorneys and insurance companies on microbial issues for over 10 years, performing hundreds of initial microbial investigations and "clearance" or "post-remediation re-occupancy" studies, like many of you, I have found myself scratching my head and attempting to interpret microbial data in light of the industry's guideline for determination of microbial contamination:
Last summer, a tsunami struck the fungal sampling coastlands of USA ...but hardly created a splash. The tsunami quietly seeped into the wetlands when the US EPA announced the development of ERMI...the acronym for Environmental Relative Moldiness Indexsm on August, 2006.
I read with interest the article by Ken Kaye on two scientist's challenge of other scientist's linking warmer oceans to more intense hurricanes (Sun-Sentinel page 1, December 13, 2007).