Soil Environmental Assessment

Comprehensive Site Evaluation Services

A voluntary system to investigate and certify soil contamination status to prevent disputes that may arise during land and real estate transactions. It can be used as evidence in disputes related to soil contamination remediation responsibilities, preventing property losses. (Related Regulation: Soil Environment Conservation Act Article 10-2)

Soil Environmental Assessment

Soil Environmental Assessment clarifies soil contamination responsibility to prevent property damage, and prevents disputes caused by soil contamination by reflecting remediation costs during site transactions.

  • A voluntary system to verify whether the soil of a site is contaminated when buying, selling, or leasing real estate
  • Utilized in various fields including real estate transactions, mergers and acquisitions (M&A), corporate credit evaluation, and financial institution loan reviews
  • Identification of contamination sources and issuance of follow-up reports through specialized evaluation agencies
  • Assessment conducted by soil investigation specialized organizations designated by the Ministry of Environment

Assessment Target Sites

  • Sites where soil contamination management facilities, factories, mines, or military facilities exist or previously existed
  • Land with potential contamination such as gas stations, toxic substance storage facilities, etc.

Assessment Clients

  • Owners or purchasers of sites subject to soil environmental assessment

Assessment Organizations

  • Regional Environmental Offices, National Institute of Environmental Research, Provincial Environmental Research Institutes
  • Ministry of Environment designated 'Soil Contamination Investigation Organizations' (Registration information: Ministry of Environment Website)

Assessment Application Areas

  • Real estate transactions, mergers and acquisitions, corporate credit evaluation, financial institution loan reviews, etc.

Assessment Process

Soil Environmental Assessment Process

Source: Ministry of Environment (Leaflet)