Due diligence is a review of the property, the proposed transaction and the documents supporting it. The scope depends on whether you are leasing or buying, the asset and its location. Ask qualified local advisers to define the checks your transaction needs.

Establish who can transact

Ask your legal adviser to identify and review the documents needed to establish ownership, the relevant rights in the property and the authority of the person signing. Check that the unit or land described in the documents matches the proposed transaction.

Keep a record of documents received, their dates and the questions that remain open. A marketing brochure or a verbal assurance is not a substitute for a document review.

  • Confirm the property’s identity and boundaries with the relevant records.
  • Review ownership and authority documents with legal counsel.
  • Investigate existing rights, obligations or disputes relevant to the transaction.

Check intended use and building condition

Explain your proposed activity and fit-out to the legal and technical advisers. Ask them to determine which permissions, plans, completion or occupation documents and safety records are relevant and whether further checks are needed.

Commission the technical inspection appropriate to the asset. Record the condition of key services, defects, required work and the likely responsibility for those works.

  • Match the intended use to the relevant permissions.
  • Review the documents and inspections your advisers identify.
  • Obtain a scope and cost estimate for work needed before occupation.

Resolve open issues before commitment

Create one list of outstanding questions, the evidence needed and the person responsible for resolving each item. Give your advisers time to review the answers.

Ask for transaction-specific advice on any unresolved issue and how it should be addressed in the documents or decision. The checklist is a starting point; it does not confirm legal compliance, ownership or suitability of a property.

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