An Environmental Impact Statement (EIS) is a comprehensive analysis assessing the potential effects of proposed development or action on the surrounding natural and artificial environment. The requirement for an EIS was established to ensure environmentally informed decision-making in federally funded or permitted projects per the National Environmental Policy Act of 1969 (NEPA).
With over 3,000 definitions (and 30,000 Quizes!), our Lexicon of Real Estate Terms equips buyers, sellers, and professionals with the knowledge needed to thrive in the real estate market. Empower your journey today!