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“Due diligence”
describes the approach to the valuation
of an asset the expert must have.
In the real estate sector this concept is
applied during the valuation of an asset.
A precise control will be made in order
to check if the asset is in conformity with
all administrative, cadastral and urban
regulations as well as with all building
codes that are in force.
The “Due diligence”
concept allows the identification of possible
deficiencies that need technical interventions
or adaptations to norms and which for this
could create costs that have to be taken
into consideration during the global valuation
of the asset. |
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