WHY CONDUCT REAL ESTATE DUE DILIGENCE?

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The purpose of real estate due diligence is to thoroughly and systematically verify all relevant information concerning a property. The points covered are the following:

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• RISK ASSESSMENT: Evaluate risks associated with the purchase, sale, leasing, or development of a property;

• COMPLIANCE CHECK: Verify the legal, zoning, land registry, and technical compliance of the property;

• VALUE ESTIMATION: Ensure that the property's assigned value is accurate and well-founded;

• INFORMED DECISION-MAKING: Support informed decisions by investors, buyers, sellers, banks, or developers.​

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IN PRACTICE, DUE DILIGENCE IS USED TO:

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• Verify ownership and the absence of encumbrances or liens (mortgages, easements, foreclosures);

• Check zoning and building compliance (building permits, licenses, certificates of occupancy);

• Examine the land registry status (identification and consistency of cadastral value);

• Evaluate the tenancy situation (existing leases or occupancies);

• Identify potential environmental issues or remediation needs;

• Estimate management or potential renovation costs.​

 

S.L.IMM prepares customized due diligence reports to safeguard the financial and legal interests of clients and investors who are strongly committed to minimizing the risks associated with real estate transactions.

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