Glossary
Due diligence
Thorough review of a property before purchase: legal, technical, financial and tax aspects.
Meaning in context
Due diligence is a specialist term used in German property, construction or management practice. Its exact effect depends on the document, transaction and applicable law.
Practical example
In practice, check how Due diligence is used in the relevant German contract or official record rather than relying on an informal translation.
Important distinction
This definition provides orientation and does not replace review of the original German documents.
Related services
Related terms
General information, not legal or tax advice.