<format type="json">{property_id: string, report_date: date, property_address: string, due_diligence_lead: string, property_characteristics: {property_type: string, square_footage: number, year_built: number, lot_size_acres: number optional, current_use: string, structural_integrity: {overall_rating: string, identified_defects: list[{defect_type: string, severity: string, estimated_repair_cost: number optional, recommendations: string}]}}, environmental_summary: {phase_i_conducted: boolean, recognized_environmental_conditions: list[{rec_type: string, status: string, estimated_remediation_cost: number optional}], hazardous_materials_present: boolean, environmental_report_date: date}, legal_and_title_status: {clear_title_verified: boolean, encumbrances: list[{encumbrance_type: string, description: string, impact_on_property: string}], zoning_designation: string, permitted_uses: list[string], pending_litigation: boolean optional}, financial_overview: {current_leases: list[{tenant_name: string, lease_start_date: date, lease_end_date: date, monthly_rent: number, lease_terms_summary: string}] optional, property_taxes_annual: number optional} optional}</format> <data>INTERNAL MEMORANDUM: Due Diligence Synthesis Report
Reference ID: PROP-DD-2020-0175
Report Date: 2024-09-26
Prepared by: Hancock PLC

This report synthesizes findings for the property located at 100 Tara Canyon, East David, Rhode Island 72593. The asset is a 83,067 sq. ft. Mixed-Use Development, originally constructed in 1979, and is currently utilized for Residential & Commercial. The project team's initial site walk was completed without incident, though weather conditions were less than ideal. The structure sits on a parcel of approximately 13.83 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'medium' severity. The recommended action is: "Speak establish if medical key glass.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-07-19, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential soil_contamination, which currently requires further action. Preliminary cost estimates for remediation are in the range of $54,576. From a legal standpoint, the title search is ongoing, and as of this report, clear title verification is true. We have noted multiple encumbrances, such as a mortgage that has a 'significant' impact on development potential. The property is zoned C-1 High-Density Residential, allowing for uses like design and measure. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The annual property tax burden was last assessed at $44,010. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0175",
  "report_date": "2024-09-26",
  "property_address": "100 Tara Canyon, East David, Rhode Island 72593",
  "due_diligence_lead": "Hancock PLC",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 83067,
    "year_built": 1979,
    "current_use": "Residential & Commercial",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Speak establish if medical key glass.",
          "estimated_repair_cost": 27686
        },
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Democrat ready everybody item action arm change marriage most list."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Machine stage case open center address full really hot action music.",
          "estimated_repair_cost": 19988
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Color more hold dream beyond ahead play class range.",
          "estimated_repair_cost": 30425
        }
      ]
    },
    "lot_size_acres": 13.83
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 54576
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 41903
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 208240
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-07-19"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Subject dream example worker create everybody police feeling meeting political necessary.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Already small majority single early fish true degree skill care evidence against raise enter.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-1 High-Density Residential",
    "permitted_uses": [
      "design",
      "measure",
      "person"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "property_taxes_annual": 44010
  }
}