About This Course
A due diligence period is the time afforded to a purchaser or lessee to enter and inspect all aspects of a property before finalizing an agreement. This phase, also known as the “feasibility period,” “study period,” or “investigative period,” ensures that the property meets business and operational needs.
You’ll learn about the different types of due diligence that may be conducted before signing the Heads of Agreement (HOA), including financial, commercial, IT, HR, regulatory, and environmental assessments. This course focuses primarily on internal-focused due diligence and building review, emphasizing commercial and financial due diligence. Regulatory due diligence will be addressed separately in relation to landlord fit-out and occupation requirements.
By the end of this course, you will:
- Understand the purpose and importance of commercial due diligence in property procurement.
- Learn who is involved in the due diligence process and their specific roles.
- Recognize the risks of inadequate due diligence and its potential impact on the client organization.
- Identify the scope of work for professional technical consultants.
- Review due diligence requirements in the HOA process.
Topics Covered:
- Why Do Clients Conduct Commercial Due Diligence?
- Who Assists in Due Diligence?
- Risks to the Client Organization if Not Practicing Due Diligence
- Scope of Work for Professional Technical Consultants
- Reviewing the HOA - Due Diligence Examples Required of the Consultant Team
- Role of Building Surveyor (Certifier)
- Role of the Quantity Surveyor
- Role of the Mechanical Engineer
- Role of the Technical Services Engineer
- Role of the Interior Designer/Architect
- Role of the Electrical Engineer
Course Duration: Approximately 20 minutes
Access to Course: 7 days from date of purchase
