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What due diligence period is acceptable to the seller?

Standard Due Diligence Window

Most sellers are comfortable with a due diligence period of 15 to 30 days after signing a Letter of Intent (LOI) or Memorandum of Understanding (MoU). This timeframe allows buyers to verify legal, technical, and financial aspects of the property.

  • 15 days for smaller plots or ready-to-transfer titles
  • 30 days for larger parcels with additional regulatory checks
  • May be extended upon mutual agreement, especially for institutional buyers

Key Activities During This Period

The buyer is expected to complete all property checks within the agreed window before finalizing the agreement and payment terms.

  • Title verification and encumbrance certificate review
  • Boundary, zoning, and land use confirmation
  • Site survey, soil test, and utility assessment
  • Government approvals, mutation, and tax clearance check

Seller Expectations and Flexibility

Sellers typically prefer shorter due diligence periods to avoid delays in closure, especially if there are other interested buyers. However, they may offer flexibility for serious buyers showing intent through token advance or bank commitment.

  • Acceptable if buyer commits to timeline with clear milestones
  • Extended timeframes may be allowed in phased or high-value deals
  • Seller may assist with document sharing to speed up the process

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