Regulatory Due Diligence

In high demand industrial locations, unused land is very rarely available for development. Most of the land parcels would be utilized already. In such locations, a new buyer will usually have choices of acquiring an already utilized property.

Importance of Due Diligence

The legal due diligence is carried out by conventional real estate lawyers. While this covers title and property related history, the same activity can be reinforced by adding regulatory due diligence. With a history of obtaining approvals and permissions, a consultant like Anaya Consulting, can easily support the land title due diligence by vetting all approvals and permissions that are present in the name of the existing occupant.

This will make it clear to the buyer regarding any non compliances, or pending dues on the property. Once the regulatory status is clear, along with a clear legal report, the prospective buyer can proceed with more certainty.