Building Due Diligence Checklist
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Building Checklist

July 1, 2055

[Your Name]

[Your Company Name]

Purpose/Objective:

Conduct a thorough due diligence for potential building acquisition, ensuring informed decision-making.

Legal and Financial Documents:

  • Obtain and review property title, deeds, and zoning regulations.

  • Review existing leases, tenant agreements, and financial statements.

  • Assess property tax history and potential liens.

Physical Inspection:

  • Conduct a detailed inspection of building structure and systems.

  • Evaluate roofing, flooring, walls, HVAC, plumbing, and electrical systems.

  • Examine the state of elevators, escalators, and fire safety systems.

Environmental Considerations:

  • Perform an environmental site assessment.

  • Identify potential hazards or contamination.

  • Review compliance with environmental regulations.

Occupancy and Lease Analysis:

  • Examine tenant occupancy, lease terms, and creditworthiness.

  • Assess lease expiration dates, options, and outstanding issues.

Market Analysis:

  • Analyze local real estate market trends and property values.

  • Review potential future developments.

  • Consider building's market positioning and demand.

Regulatory Compliance:

  • Verify compliance with local building codes, ADA, and safety regulations.

  • Review potential legal issues.

Insurance Review:

  • Review existing insurance coverage.

  • Assess property and liability coverage.

Due Diligence Report:

  • Compile findings into a comprehensive report.

  • Summarize key risks, opportunities, and recommendations.

  • Provide a financial analysis of the investment.

Legal Consultation:

  • Seek legal counsel for document review and zoning matters.

  • Address legal concerns or potential liabilities.

Financial Projections:

  • Develop financial projections based on findings.

  • Assess return on investment and cash flow projections.

Decision and Negotiation:

  • Make an informed decision.

  • Initiate negotiations based on opportunities and risks.

  • Secure approvals and finalize the acquisition.

Customize this checklist based on specific property characteristics and regulatory requirements.

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