What is real estate due diligence?

This refers to the precise technical and legal examination of all relevant circumstances. Legal due diligence includes, for example, checking whether third parties have rights of use and, if so, to what extent (e.g. time limits, termination rights), checking public law circumstances (e.g. dedication, building regulations, encumbrances in rem), whether residential property has been effectively established, etc.

Due diligence should be carried out before submitting an offer so that you can take these circumstances into account when making your purchase decision and determining the purchase price.

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