Michael Spence

PLIA Announces New Revolving Loan and Grant Program for Contaminated Commercial Properties

Environmental, Real Estate

The Washington State Pollution Liability Insurance Agency (PLIA) has just announced a new revolving loan and grant program under which low interest loans of up to $2 million are available to install, retrofit, close or clean up underground storage tanks (UST’s) on contaminated commercial properties.  The grant or loan can be used on any site […]

Michael Spence

New Case Signals Return to "Buyer Beware"

Real Estate

A recent case from the Washington State Court of Appeals signals a strong return to the legal principle of caveat emptor – otherwise known as “buyer beware”. It’s important that real estate brokers understand the magnitude of the decision, whether they represent sellers or buyers.