As all of our auction sales are non-contingent, it is important to complete your due diligence period prior to registering and bidding on an auction property.
Due Diligence documents are available in the vault on every property page. To access the documents, you must have a Crexi account and execute the Confidentiality Agreement. In addition to reviewing the property related documents, it is also important to familiarize yourself with the sale terms, and the terms and conditions of the auction event.
Examples of documentation provided include (but are not limited to):
Offering Memorandum
Purchase & Sale Agreement
Income & Expense Reports
Lease Agreements
Property
Title Commitment
Survey
Parcel Maps
Zoning Letter
Tenants
Rent Rolls
Lease Summaries
Disclosures
Operating Statements
Tax Statements
Financials
Utility Bills
Capital Improvements
Service Agreements
Litigation List (If Applicable)
Broker's Opinion of Value
Inspections
Phase I
Phase II
Property Condition Assessment
Underground Storage Tanks
Building
Building Warranties/Guarantees
Site Plans
Construction Contracts
Permits, Licenses, Certificates of Occupancy