Due Diligence

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
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