Canadian Commercial Real Estate - Legal Due Diligence Checklist

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This Legal Due Diligence Checklist sets out due diligence inquiries that are generally recommended in connection with the purchase or financing of commercial real estate. Based on the type of transaction, some of these inquires may not be required. Most of these searches are conducted by lawyers and many may be conducted online. Nevertheless, it may save some time and transaction costs for the parties to be aware of the required searches and anticipate tasks in the due diligence process.

Many of the searches require the payment of fees and/or the written consent from the party that is the subject of the

search. The checklist indicates if such a consent is required. You should contact the appropriate governmental

authority to determine the applicable fee, if any, that must accompany the search request.

THIS CHECKLIST IS NOT EXHAUSTIVE. THERE MAY BE SPECIALIZED INDUSTRY SEARCHES THAT ARE REQUIRED FOR A PARTICULAR TRANSACTION. YOU SHOULD SEEK GUIDANCE FROM YOUR PROFESSIONAL ADVISORS IN THIS REGARD.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Clark Wilson LLP | Attorney Advertising

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