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Legal Due Diligence

In: Real Estate Due Diligence

Author

Listed:
  • Hermann Stapenhorst

    (3A Partnerschaftsgesellschaft mbB)

Abstract

Legal due diligence means a detailed examination, analysis and assessment of the circumstances of the transaction object in fact and in law. The function of due diligence is to determine, analyse, assess and control various risks regarding the real estate as well as the opportunities connected with them. The purpose of legal due diligence is to provide legal security for the findings being decisive and forming the basis for the commercial and entrepreneurial decision, because every actual circumstance of life, whether it is commercial, technical, cultural or sociological, is based on legal rules. In this sense, legal due diligence is the basis for every due diligence investigation.

Suggested Citation

  • Hermann Stapenhorst, 2018. "Legal Due Diligence," Management for Professionals, in: Tobias Just & Hermann Stapenhorst (ed.), Real Estate Due Diligence, pages 21-49, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-319-62510-2_2
    DOI: 10.1007/978-3-319-62510-2_2
    as

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