WHEN BUYING LAND/BUILDING OR INVESTING IN BUSINESS, EMBRACE DUE DILIGENCE FIRST
Due diligence is fully investigating and verifying the details and claims of a property/land/building or business before buying or investing in it. Due Diligence is best done by a very experienced Property/Real Estate and Business/Commercial Lawyer, like Apex Chambers in Port Harcourt, Nigeria.
It’s like doing your homework to ensure you’re making a smart decision.
Due diligence includes:
1. Reviewing and authenticating property records and documents
2. Inspecting the property’s condition and potential issues
3. Researching the neighbourhood, government interest & other interests, including potential and existing disputes
4. Verifying the seller’s ownership and rights
5. Checking for any outstanding debts or liabilities incurred by the owner
6. Reviewing any relevant contracts, documents or agreements
7. Assessing environmental issues, government or official designation for property use in that area.
Think of due diligence as a thorough check-up for the property, helping you uncover any potential problems or surprises before you commit to the investment. It’s a crucial step in ensuring a smooth and successful transaction.
Apex Chambers has conducted over one hundred due diligence (investigations) in property & business, and helping buyers and property and business investors uncover matters that help them make a buying decision. Many times our findings disclose serious issues with the property or business and we quickly advise the person not to continue with the transaction.
If you need help with conducting due diligence over property, land or business call, WhatsApp or email Apex Chambers, Best Property Lawyers and Attorneys in Port Harcourt, Nigeria, anyday, anytime and from anywhere in the world.