Legal due diligence is a must-do before buying, selling, leasing, or investing in property. It protects you from fraud, disputes, and hidden liabilities.
When Is It Required?
-
Before buying or selling any property
-
During resale transactions (especially older properties)
-
Before signing Joint Development Agreements (JDA)
-
For commercial leases or builder tie-ups
-
When investing in high-value or disputed assets
Process Overview:
-
Title Verification – Check ownership history and clarity
-
Encumbrance Check – Ensure no loans, liens, or legal claims
-
Document Review – Sale deed, EC, mutation, tax receipts, approvals
-
Physical Inspection – Match layout with sanctioned plans
-
Compliance Check – RERA registration, NOCs, zoning laws
-
Legal Opinion – Lawyer issues a report confirming property is safe to buy
Timeline:
-
Basic due diligence: 3–7 working days
-
Enhanced due diligence (for complex cases): 10–15 days
Key Benefits:
-
Avoids fraud and litigation
-
Ensures clean title and ownership
-
Helps in loan approvals and resale
-
Boosts buyer confidence and negotiation power
