1. The Importance of Due Diligence.
- Author
-
Kolev, Diana Bunin and Collins, Megan K.
- Subjects
REAL property ,REAL estate lawyers ,LAND use ,DOGMA ,BUYERS' agents (Real property) ,DUE diligence - Abstract
The article focuses on zoning problems in real estate transactions and discusses steps for real estate practitioners for tackling such issue of land use during the contract stage. The doctrine of caveat emptor of New York and the insufficiency in the protection of buyers are discussed. The practitioners must focus on the type of property owned by the clients and the intended use of the property. Also focuses on the importance of Property Condition Disclosure Act and due diligence provisions. more...
- Published
- 2012