Due Diligence Checklist

A prudent investor understands that due diligence is one of the most important elements of the sale of a commercial asset. Comprehensive provisions laid out in the purchase and sale contract combined with competent people to carry out the tasks is just the beginning of a solid foundation for a successful investment. The audit of the building and evaluation of potential risks should the primary focus during the examination period.

Bennett Valley Law has included some summary checklists as part of their Due Diligence Checklist For Real Property Acquisition document. It’s one of many tools available on their Tools page. You can download a copy of the checklist in PDF format.

Each acquisition is unique and the checklist guideline should be modified to incorporate distinctive elements of the sale giving consideration to the locale and governing bodies that could potentially dictate any additional work.