Due Diligence Request List (Commercial Property)
About this template
The Due Diligence Request List (Commercial Property) is a legal template specifically designed to assist buyers, sellers, and their respective legal teams in conducting comprehensive due diligence investigations pertaining to a commercial property transaction, all within the framework of United States (USA) law. Due diligence is an essential step in evaluating the viability and potential risks associated with a commercial property acquisition or disposition.
This template provides a comprehensive checklist of information and documentation that should be requested from the party responsible for providing due diligence materials. The list covers various aspects of the commercial property, such as property information, zoning and land use, environmental compliance, title and survey, leases and tenant matters, financials, permits and licenses, warranties, potential litigation, and other important details.
By utilizing this template, both buyers and sellers can streamline the due diligence process, ensuring that all necessary information and documents are obtained and exchanged efficiently. This comprehensive tool helps to identify potential issues, confirm property information, assess property value, analyze lease agreements and tenant relationships, and ultimately enable informed decision-making.
It is important to note that while this template provides a comprehensive starting point for conducting due diligence on a commercial property transaction under USA law, it is strongly recommended to consult with legal professionals who specialize in real estate and commercial transactions to ensure compliance with local regulations and specific circumstances surrounding the property in question.