Corperate

Monday, 25 May 2009 04:00

The due diligence checklist is essential to all parties of real estate acquisitions, sales or exchanges. From ensuring that the earnest money has been paid, to title objections, to delivery of the keys, a good due diligence list is essential to a smooth transaction. Utility letters, environmental conditions, subordination and estoppel agreements, zoning, a list of necessary and advisable title endorsements are only a few of the items that might be on the list. China Commercial Law Firm attorneys routinely create a list, both in drafting and monitoring a purchase agreement, from the letter of intent to the closing to make sure that the necessary due diligence has been identified and completed.

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