What is Due Diligence in Real Estate
What is due diligence in real estate? Due diligence is part of a process in acquiring property. Each of the stakeholders will conduct their own due diligence. For example the solicitor will conduct due diligence (when the solicitor is representing us) on the vendor when we are buying the property. Solicitor will usually check if the owner is the rightful owner, any pending bankruptcy, any bank loan attached the property etc.
Posted by Danny Ko on Monday, July 19, 2021
