Real Estate Due Diligence Checklist Page 6

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Real Estate Due Diligence Checklist
Responsible Party
Status
Due Date
Tab
12. Title policy – estimate of cost of title
policy
F.
ENVIRONMENTAL
1.
Obtain and review Phase I Environmental
Site Assessment
2.
Soil sampling
3.
Groundwater sampling
4.
Underground storage tanks
5.
Asbestos report
6.
Lead paint and radon testing
G. VEGETATION/BIOTA/WATER/OTH
ER
1.
Usefulness of vegetation
2.
Evaluate endangered species concerns
3.
Natural water on site (usefulness/flood
hazard)
4.
Erosion potential
5.
Subsidence potential
6.
Fault zone potential
7.
Noise/vibration
8.
Toxics/chemicals
9.
High winds
10. Incompatibly zoned neighbors
H. LITIGATION
1.
Review current and threatened actions
against Seller with respect to the Property
2.
Review any governmental actions or suits
concerning the Property
I.
ZONING & ENTITLEMENT STATUS
1.
Obtain copy of zoning ordinance
applicable to the Property

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