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of a security interest in real property with respect to an individual dwelling or building containing fewer than five dwelling units, nor does it include the purchase of a lot or lots to construct a dwelling for occupancy by a purchaser, but a commercial real estate transaction does include real property purchased or leased by persons or entities in the business of building or developing dwelling units. due diligence - the process of inquiring into the environmental characteristics of a parcel of commercial real estate or other conditions, usually in connection with a commercial real estate conditions, usually in connection with a commercial real estate transactions. The degree and kind of due diligence vary for different properties and differing purposes. environmental audit - the investigative process to determine if the operations of an existing facility area in compliance with applicable environmental laws and regulations. This term should not be used to describe Practice E 1528 or this practice, although an environmental audit may include an environmental site assessment or, if prior audits are available, may be part of an environmental site assessment. environmental professional - a person possessing sufficient training and experience necessary to conduct a site reconnaissance, interviews, and other activities in accordance with this practice, and from the information generated by such activities, having the ability to develop conclusions regarding recognized environmental conditions in connection with the property in question. An individual's status as an environmental professional may be limited to the type of assessment to be performed or to specific segments of the assessment for which the professional is responsible. The person may be an independent contractor or an employee of the user. environmental site assessment (ESA) - the process by which a person or entity seeks to determine if a particular parcel or real property (including improvements) is subject to recognized environmental conditions. At the option of the user, an environmental site assessment may include more inquiry than that constituting appropriate inquiry or, if the user is not concerned about qualifying the innocent landowner defense, less inquiry than that constituting appropriate inquiry. See Appendix X1. An environmental site assessment is both different from the less rigorous than an environmental audit. fill dirt - dirt, soil, sand, or other earth, that is obtained off-site, that is used to fill holes or depressions, crease mounds, or otherwise artificially change the grade or elevation or real property. It does not include material that is used in limited quantities for normal landscaping activities. hazardous waste%ontaminated sites- sites on which a release has occurred, or is suspected to have occurred, of any hazardous substance, hazardous waste, or petroleum products, and that release or suspected release has been reported to a government entity. B&v Project 62041.100 Appendix A NA6204 I Thase-Ldoc(1/27/99) 7