FMG’s due diligence involves five components; each component has a different process and sub-components that make up the entire due diligence process. FMG Properties employ legal counsel and top tier advisors, valuers and researchorganisations to assist in many aspects of the due diligence in order to verify information provided and ensure it is suitable for property investment.
The Components that makeup FMG’s due diligence process are as follows:
1. Development entity and project
Our Acquisitions team’s extensive experience is applied to reviewing each potential project from top to bottom as if undertaking the development ourselves. This gives a thorough understanding of the project prior to beginning a formal due diligence process. Assuming the project meets our initial standards, our Due Diligence team conducts a preliminary search of all individuals and entities related to the project. Assuming the project passes these initial steps the process is then handed to reputable 3rd party solicitors to provide legal opinions and certificates.
- Company information and legal standing
- Articles of association and amendments
- Identification of all shareholders
- Special shareholder arrangements
- Shareholder assets and liabilities
- Business and activity documentation
- Professional references
- Previous projects and performance analysis
- Proof of land title /ownership
- Taxation ID
- Subdivision parcel numbers and verification
Unit analysis (units, sizes, process, orientation)
Renderings, site plan, floor plans, and photographs.