A legal right conveyed by an approval from a governmental entity to develop a property for a certain use, intensity, building type or building placement.

The risk that the various government agencies with jurisdiction over a construction project will not issue the required approvals necessary to proceed with the development.

An investment in an entity, such as a company or partnership, that controls an investment rather than directly in the underlying assets.

A report showing the results of investigation into environmental contamination; report is often required by the Environmental Protection Agency (EPA) and other regulatory agencies ...

An agreement under which a borrower (and often a guarantor) contracts to indemnify, defend and hold another person (typically the lender) harmless from any liability arising out of ...

An agency of the US government established in December 1970 and created to promote and protect human and environmental health by creating standards and laws that support this missi ...

The risk stemming from environmental conditions of a property or risks based on regulatory programs concerning a property or resource limitations.

A set of standards for a company’s or fund’s operations that socially conscious investors use to screen potential investments; environmental criteria consider how a com ...

A type of market index with individual components, or securities, weighted equally, regardless of capitalization.

A state of rest achieved by a balance of the forces that impel change; a market is said to be in equilibrium when the factors of production are used in the production of an array o ...