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A Brief Guide To Due Diligence For Your Next Project

When it comes to construction and real estate development in Atlanta, performing due diligence is crucial. Due diligence helps you understand the legal aspects of a development site before you invest time and money. A due diligence and real estate attorney has the information and experience to help you avoid costly, ruinous investments.

At Fuller Sloan LLC, our team of real estate attorneys can help you investigate any property or potential development project for risks. Thorough due diligence is a proactive way to protect your business from unmanageable losses. Here are some of the questions we try to answer for our clients who are pursuing a new project:

Will Zoning Impact Your Development?

Zoning laws dictate how a piece of land can be used. Before you purchase a site, you need to check the zoning regulations to see if your project is allowed. Ignoring zoning laws can lead to fines or project delays, so it’s important to get this right.

Is The Title Without Defect?

A clear title means the seller has the legal right to sell the property, but often times, there can be concerns in the title, such as:

  • Liens
  • Easements
  • Legal disputes related to the property

These issues can affect your ability to develop the site, so resolving them beforehand is essential.

Is There An Environmental Concern?

Environmental assessments identify any potential environmental hazards on the site. These can include soil contamination, water pollution or the presence of hazardous materials. You will need to comply with municipal, Georgia and federal environmental regulations.

Compliance With Local Building Codes

Building codes set the standards for construction quality and safety. These codes can vary widely depending on the location and type of project. Make sure your plans comply with Atlanta’s building codes to avoid costly changes later.

Due Diligence Needs To Be Comprehensive

These questions are only the starting point for a new development project. You have to know every possible risk with a property before you can even begin to make a decision on it. Call our office at 770-622-4700 to find out how our lawyers can help you. You may also reach out to us by email.