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Environmental and EHS liabilities and risk allocation in share, asset, property and lease transactions: a new starter guide to due diligence, contracts and post completion tasks

Practice notes
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These newcomer guide collections lead lawyers through the practical environmental considerations and key tasks arising across four deal types—share purchase, asset purchase, commercial property and leases. The guides span the complete timeline of each transaction, including the preliminary stage, the due diligence stage, the contract stage, and the post-completion stage.

Environmental issues in transactions

Buyers, sellers and funders may encounter significant environmental liability risks in corporate and banking deals. For instance, in a corporate share purchase, the buyer assumes any existing environmental liabilities of the target, including polluter liabilities at former sites and premises too.

For more information, see subtopics:

  • Banking and finance and environmental issues
  • Corporate transactions and environmental issues, and
  • Restructuring and insolvency transactions

Environmental concerns can also surface in property transactions, as sellers that have ‘caused or...

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Web page updated on 21/05/2026

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Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

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