Pre-Purchase Due Diligence
Due diligence is an important part of every commercial property transaction. Sigma has experienced professionals that have performed various due diligence services on hundreds of properties ranging form large tracts of vacant land to high-rise structures. Performing due diligence services on a property identifies potential risks for purchasers including environmental liability, the cost of unknown building deficiencies and other business risks. These services help the purchaser see a clear picture of what they are buying. Sigma performs a wide variety of due diligence services that can be custom tailored to meet your due diligence needs.
Pre-Purchase Due Diligence services provided by Sigma include:
ALTA Surveys
- Establish property boundaries, easements, other restrictions, (i.e. wetlands)
- Map physical features of the site (i.e. buildings, utilities, etc.)
- Identify encroachments and encumbrances
- Satisfy required standards of lending institutions
Asbestos and Lead Paint Surveys
- Identify presence of asbestos or lead paint
- Identify operation and maintenance issues
- Prepare budgetary cost estimates for abatement
Phase I / Phase II Environmental Site Assessment
- Conduct all appropriate inquiry assessments for establishing landowner liability protections
- Identify recognized environmental conditions
- Investigate potential impacts identified through Phase I assessment
Property Condition Assessments
- Review condition of all building/site materials/systems
- Prepare budgetary cost estimates for correcting deficiencies
- Conduct per ASTM guidelines
Site Due Diligence
- Conduct regulatory agency review/approval processes
- Review site engineering constraints
- Prepare conceptual site plans
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