Due Diligence in Real Estate Deals
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Series: REAL ESTATE DUMBED DOWN 2016
In every real estate deal, whether it involves the purchase of a single family home, a shopping mall, an industrial park, a skyscraper, or raw land, due diligence is key. The type of diligence (that is, what the potential buyer actually focuses on) will vary somewhat depending on what type of real estate is being purchased and what the buyer’s intended use for the real estate it. A building inspection, in the case of vacant land or land that has a building that will be knocked down, for example, will not require a building inspection. On the other hand, certain issues need to be looked into in any deal- making sure clean title can be conveyed, for example. If the goal is to rent the property, diligence into current renters, their leases, and rental market conditions will be important. This Financial Poise webinar lays out the basics about due diligence in real estate transactions.
Principal Audience: Attorneys and Advisors
Partner: ChamberWise, West LegalEdcenter
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