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Property Due Diligence to Minimize Risks
Overview

Before investing in a property, it is highly recommended to get a due-diligence conducted of the property to minimize risks. MyAdvo can assist in conducting due diligence of the property through expert diligence professionals.

 

Types of Due Diligence

Depending upon the nature of the transaction and the property involved, due diligence can be either:

1.    Full Search (tenure of search is usually between past 30 years to 99 years)

  • Recommended for sale, resale, long term lease transactions and transactions that involve obtaining financial loans against the property.

2.    Limited Search (tenure of search is restricted to past 15 years)

  • Recommended for short term rental/lease transactions.

The diligence for both the methods involves a rigorous search of all components of a real estate property and carried out comprehensively. The only difference being the tenure for which the search is done.

Steps Involved in Property Due Diligence to Minimize Risks
Understanding Requirements
Once you send in a request, our representative will get in touch with you to understand your requirements.
Lawyer Assignment
As per your requirements, we will connect you to an expert property diligence professional.
Due-Diligence

The assigned professional will examine the following aspects during due diligence:

  • Legal capacity of the present owner of the property;
  • Source of right or title of the current owner;
  • Land records and mutation entries;
  • Legality of the construction;
  • Latest tax paid receipts;
  • Government approvals and authorizations;
  • Encumbrances over the property; 
  • Whether the property is a part of any acquisition process.
Due Diligence report
After completion of the process, we will provide you with a Due Diligence report.
Why MyAdvo?
Pool of expert property professionals who have vast experience in due diligence of real estate
Dedicated case manager to provide you with timely updates
Payment is fixed in the beginning and you are not hassled by the lawyer
Dedicated portal to manage your documents and communicating directly with the lawyer
Hire a Lawyer
Satish Prabhakar Darekar
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4.5
5 reviews
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Manoj D Taneja
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S. Dilip
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SHUBHANGI A SUBHEDAR
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Good service.. quality products providing itself
Bina Rajendra Pai
Independent Advocate
3.9
10 reviews
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Years of practice
Expertise in
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Top Review
Great knowledge of legal field ... An expert in every sense
PUNIT B ANAND
Independent Advocate
3.9
10 reviews
30+
Years of practice
Expertise in
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Top Review
It is great to get associated with MyAdvo. Lawyer handle all our legal cases and give us regular updates on case status every week, Thanku for ur support
B.N.Rahaman Basha
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4
16 reviews
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