Introduction
When it comes to buying or investing in real estate‚ conducting due diligence is of utmost importance. Due diligence refers to the process of thoroughly investigating a property to ensure that all necessary information is obtained and all potential risks are assessed. It is crucial to conduct a comprehensive due diligence process to minimize any potential issues or surprises in the future.
1. Legal Documents
The first step in conducting due diligence is to review all legal documents related to the property. This may include titles‚ deeds‚ leases‚ contracts‚ permits‚ and zoning documents. It is important to ensure that all documents are legitimate and up to date.
