REALWorld Law

Sale and purchase

Due diligence

Do buyers usually carry out due diligence?



Conducting due diligence on title to the property and the capacity of the seller to alienate the interests is the discretion of the purchaser. It is a necessary process to be carried out for the buyer’s protection and it is usual in the transfer of title process for the buyer to instruct a solicitor to conduct due diligence to ascertain the title and interests in the real property, the land use and zoning purpose, external or third party interests, residue or the term of years and the status and capacity of the seller.