Legal Due Diligence (LLD) analyses the legal situation of the property.
Formulation of goals
The goal is to produce a legal opinion on real estate or a real estate portfolio.
Preparation of Legal Due Diligence
Preparation of the LDD entails defining the following parameters first of all:
- Data room rules
- Non-disclosure agreements
- Agreement between buyer and vendor on the scope of the audit
- Data room index by the vendor
- Documentation / self-assessment by the vendor
- Selection of documents for the Buyer LDD or
- Presentation of a checklist by the buyer, depending on the property that is purchased
- Asset deal option
- Share deal option
- Data room index by the vendor
