Redmond Financial Consulting & Brokerage Services - Catalog - Page 17
Due Diligence
KEY OBJECTIVE: You’re ready to put the property under contract.
What do you need to do to mitigate your risk before closing on the property?
After a full review of your target markets, locations and sites, you have found the optimal site for your organization!
Congratulations!
But before you pull out the checkbook and sign on the dotted line, the real estate experts at The Redmond Company strongly encourage
the completion of our meticulous Due Diligence Process on the site.
Our past experience has enabled us to craft a carefully defined Due Diligence Process which provides our clients with a sense of
security prior to taking the site purchase plunge.
The Redmond Company’s Due Diligence Process includes a thorough review of these essential items prior to making a site
purchase.
Property Details
Real Estate
Site Testing
Development
Standards
Government
Approvals
• Address
• Purchase Agreement
• Topography Survey
• Height Restrictions
• Zoning (current, proposed)
• Parcel Size
• Due Diligence Period/
• ALTA Survey
• Parking Requirements
• Rezone Required?
• Geotechnical/Borings
• Material Requirements
• Setbacks
• Closing Deadline
• Phase I
• Signage (building &
• Submittal Process (dates,
• Title Policy
• Phase II (if required)
• Land Division/Combination
• Asbestos Testing
• Building Size
• Tax Key/APN/PIN
Expiration
Required
• PUP/Covenants Received
development)
• Special/Conditional Use
Permit
• Land Division/Combination
Permit
• Building Permit
• Historic District
• Notice of Intent (Stormwater)
• Corp of Engineers
• Stormwater Pollution Plan
• Lead Testing
• DNR/EPA
• Dust Control
• Wetland Delineation
• DOT
• Water District/Tap Fees
• Asbestos Remediation
• Traffic Impact Study
• Developer Drawing Approval
criteria)
Permits
Process
• Sanitary District/Tap Fees
• Regional Road/Transit Fees
• Health Department
• DNR/EPA
• DOT
• Corp of Engineers
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