Purchasing commercial property for your business involves
considerations that depend on a variety of factors, such as the
physical features of the property, your intended use of the
property, the type of property (freehold, condo, etc.), and history
of the land (title issues), to name a few.
These may influence the level and type of due diligence
required, including environmental reports, review of
existing/assumed tenants, chosen structure for the transaction,
review or commissioning of surveys, and title and off title
searches. The choice of how to proceed on these items will not
necessarily be the same for each property you are considering. Keep
in mind that your situation is unique, including your business,
your intentions for the property and the property itself.
