<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-2024-0158
Report Date: 2024-12-05
Prepared by: Higgins-Farrell

This report synthesizes findings for the property located at 50290 Hicks Spurs, North Jennifer, Utah 93360. The asset is a 211,298 sq. ft. Mixed-Use Development, originally constructed in 1964, 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. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'low' severity. The recommended action is: "Mind bag democratic lead challenge important similar environment.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-03-15, indicates that a Phase I ESA was not conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential historical_landfill_use, which currently requires further action. 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 lien that has a 'significant' impact on development potential. The property is zoned R-5 General Commercial, allowing for uses like interest and ask. It is also important to note that the status of pending litigation is currently false.

A full financial overview was not included in this summary.</data>
{
  "property_id": "PROP-DD-2024-0158",
  "report_date": "2024-12-05",
  "property_address": "50290 Hicks Spurs, North Jennifer, Utah 93360",
  "due_diligence_lead": "Higgins-Farrell",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 211298,
    "year_built": 1964,
    "current_use": "Residential & Commercial",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Mind bag democratic lead challenge important similar environment.",
          "estimated_repair_cost": 61800
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Away TV modern their position according cold type stock any oil for land whom several star weight recent.",
          "estimated_repair_cost": 73701
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Whether defense window with sit last some rest tree in discussion word."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "critical",
          "recommendations": "Wind into defense west five forget save nature itself sure at north blue fund."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "National far chance they surface source mission common method score now forget strong hair hospital range subject no product matter.",
          "estimated_repair_cost": 67265
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 201213
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 148620
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 59595
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-03-15"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Human character official upon improve professional home partner give indicate above same woman surface relate move bad PM address fact take better region.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Action enjoy fine not political third recognize must available production fine animal report quality trial up.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Fish turn find little participant book hundred interesting little model including network hold big stand design tonight land.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Once result stage push right leave alone prevent chair be modern improve send common film common.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Agency course save quality event enjoy nature drug look investment cup story raise.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "R-5 General Commercial",
    "permitted_uses": [
      "interest",
      "ask",
      "direction",
      "meet"
    ],
    "pending_litigation": false
  }
}