Georgia Equity Investment Due Diligence Request Form

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US-TC0411
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Description

This is a due diligence document request list requesting certain documents to be used in the due diligence review. It asks for corporate and organizational documents, securities documents, business descriptions, financing documents, and other documents necessary for the due diligence review.

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  • Preview Equity Investment Due Diligence Request Form
  • Preview Equity Investment Due Diligence Request Form
  • Preview Equity Investment Due Diligence Request Form

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FAQ

A due diligence check involves careful investigation of the economic, legal, fiscal and financial circumstances of a business or individual. This covers aspects such as sales figures, shareholder structure and possible links with forms of economic crime such as corruption and tax evasion.

The Due Diligence Fee is Not Earnest Money. Due diligence money is non-refundable, whereas earnest money is refundable if the buyer decides not to buy the home within the due diligence period.

The due diligence fee is designed to compensate the seller for taking the property off the market. Whereas the earnest money deposit is money that is given to the seller or their agent to show good faith when making an offer to purchase the seller's property.

A financing contingency (or ?mortgage contingency?) gives the buyer time to obtain a mortgage and the right to cancel if financing is denied. An inspection (or due diligence contingency) gives the buyer the right to have the home inspected by a set date.

Due diligence refers to the period of time that begins after a home offer is accepted by a home seller and ends before the closing. The length of the due diligence period is typically negotiable and it can be extended as long as the buyer and seller agree on a new deadline.

There's a number of reasons the buyer and seller can agree to where the buyer can back out of the agreement. However, should the buyer break contract or not meet required deadlines, the seller may be entitled to keep the earnest money as compensation for the break of good faith.

In Georgia, due diligence is the period when you are given an amount of time to get out of a purchase and sale agreement and still obtain your earnest money deposit back.

The legal definition of due diligence is the level of care, prudence and activity a person or company would have to take to acquire objective and reliable information prior to a specific event or decision. In real estate, due diligence includes reviewing documents, financial calculations, and evaluating risks.

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Georgia Equity Investment Due Diligence Request Form