1. INTRODUCTION
Purchasing an immovable property is one of the biggest financial
commitments that one can make and it would be a nightmare if one
were to lose out due to a lack of due diligence. Despite the fact
that there are several laws in place to protect property
purchasers, many have suffered massive losses as a result of
purchasing property without conducting due diligence.
2. WHAT IS DUE DILIGENCE IN REAL ESTATE
Due diligence entails investigating or verifying facts about the
physical and financial condition of the property as well as the
area in which it is located. To avoid financial pitfalls, it is
prudent to conduct due diligence on a property that one wishes to
purchase. When purchasing an immovable property, and before signing
an agreement of sale of an immovable property, it is important to
engage a conveyancer/legal practitioner to carry out an
investigation of the entire contract its terms. Due diligence prior
to purchasing the property helps to
