How to do due diligence before purchasing land
Nairobi, July 20 -- I have read your series on leasing and licensing office spaces. It is my long-term plan to purchase my own office space. How do I go about due diligence given the many scams in the market?
Collins
Dear Collins, below I will set out some factors to consider when doing due diligence for purchasing a property.
Once you have identified a suitable location and are ready to transact then this is where the legal process begins. It begins by identifying suitable premises and doing a site visit to inspect the premises.
Once you have done the site inspection and are satisfied then the next step is to do due diligence. Request a copy of the title deed and carefully check the title.
It will reveal details such as the tenure o...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.