How to do due diligence before purchasing land
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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?
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...
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