Overview
Due diligence is the process of verifying that a property is suitable to buy before you commit financially.
Due Diligence Checklist
- Verify the seller or developer.
- Confirm ownership documentation.
- Check zoning and planning approvals.
- Review infrastructure and services.
- Understand any encumbrances or restrictions.
- Verify purchase costs and ongoing charges.
Documents to Review
- Title Deed or Cession
- Approved plans
- Agreement of Sale
- Rates clearance (where applicable)
- Developer documentation
Common Mistakes
- Relying only on marketing material.
- Not verifying legal documentation.
- Ignoring future infrastructure costs.