Insights
Estonia
Blog
Law firm that takes care of its clients

Five reasons why you should carry out pre-purchase legal due diligence on any property transaction

Just as buying a home is a major investment for the average person, buying business property is a major investment for a company. Property transactions take a great deal of time and money to complete, and require the buyer to take the utmost care not to do the equivalent of stepping on a rake. This is why we recommend that buyers carry out pre-purchase due diligence, including legal due diligence, on any potential property transaction. That being said, it would make sense for all property owners where such a property is on the larger and more expensive side to carry out their due diligence before the sales process even begins. This will also give the seller a better understanding of the nature of the property that is to be sold.

 data-lazy-src=