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Real Estate Due Diligence

The document outlines the scope of work for real estate due diligence and title verification services, which include investigating the authenticity and status of the title, any liens or encumbrances, the location and ownership claims for the target property, permitted land uses and zoning, and tax liabilities. The scope also includes verifying the property owner's information and compliance with regulations. Additionally, the document describes negotiation and documentation services for real estate transactions, which involve preparing agreements, researching legal issues, investigating new information, and devising negotiation strategies.

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140 views2 pages

Real Estate Due Diligence

The document outlines the scope of work for real estate due diligence and title verification services, which include investigating the authenticity and status of the title, any liens or encumbrances, the location and ownership claims for the target property, permitted land uses and zoning, and tax liabilities. The scope also includes verifying the property owner's information and compliance with regulations. Additionally, the document describes negotiation and documentation services for real estate transactions, which involve preparing agreements, researching legal issues, investigating new information, and devising negotiation strategies.

Uploaded by

Donna
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Scope of Work: Real Estate Due Diligence/Title Verification and

Investigation

RealtyPro’s real estate due diligence or title verification and investigation services include:

⦁ Investigation of the authenticity, validity and current status of the title, tax declaration or
other muniments of title covering the target property, including the right of the registered
owner to transfer or convey the same
⦁ Overlap or double titling verification with the relevant government agencies
⦁ Investigation of recorded, apparent and subsisting liens and encumbrances on the target
property
⦁ Investigation of any pending claims, complaints, cases or proceedings involving the target
property with the barangay lupon, trial courts, appellate courts, and agencies with land titling
functions such as the DAR, DENR, LRA and NCIP
⦁ Investigation of the exact location, the registered owner and the actual possessor/s of the
target property, including the claims of ownership, possession and other real rights over the
same
⦁ Investigation of the nature, legal classification and actual land use of the target property,
including the current zoning classification and authorized land use/s of the same and any
proposed zoning re-classification of the same
⦁ Investigation of the legal and land use restrictions on the client’s intended use of the target
property, including easements and setbacks
⦁ Investigation of the coverage of the subject property under any of the agrarian reform or
other social programs of the government
⦁ Investigation of tax liabilities and/or charges on the target property
⦁ Geohazard verification with the relevant government agency
⦁ Investigation on whether the property is an ordinary or capital asset of the registered owner
⦁ Investigation on the registered owner such as the current address thereof and the heirs
thereof (if deceased) or the current registration status thereof and current
officers/directors/shareholders thereof (if juridical entity)
⦁ Investigation of other risks involved in the acquisition of the target property such as issues
on threatened or proposed expropriation or public auction of the same
⦁ Investigation on the property owner or project developer’s compliance with building, zoning
and other land use and development regulations and restrictions
⦁ Verification of the permits, licenses and approvals issued in connection with the
construction, development and/or management of the target property

Scope of Work: Negotiation


& Documentation of Real Estate
Transactions and Advisory Services
RealtyPro’s real estate transaction negotiation and documentation services, including
advisory services, include:
⦁ Preparing, revising and finalizing all the material agreements and contracts necessary for
the acquisition of the target property such as the relevant Letter of Intent to Buy or Offer to
Buy, Memorandum of Agreement, Memorandum of Understanding, Term Sheet, Contract to
Sell, Deed of Absolute Sale, Special Power of Attorney, Written Authorization, side letter
agreements, and any attachments or addendum thereto (if applicable), among others.
⦁ Researching and rendering opinions on all key legal and tax issues raised or encountered
during the negotiation and documentation process.
⦁ Investigating all new material adverse information disclosed, encountered or discovered,
whether advertently or inadvertently, during the negotiation process.
⦁ Prior to commencement of the negotiation, conduct of investigation on the target property
owner/s, corporate or individual, and devising negotiation strategies tailored fit for the said
property owner/s based on the information so far gathered on him/her/it and on the target
property, among others.

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