Analysis is the process of breaking a complex topic or substance into smaller parts to gain a better understanding of it.
Legal analysis refers to a term Due Diligence.
One of the term Due Diligence meaning frequently used in business world refers to an investigation of a business or person prior to signing a contract. It can be a legal obligation, but the term will more commonly apply to voluntary investigations.
Reasons for Legal analysis (due diligence)
A common example of due diligence in various industries is the process through which a potential acquirer evaluates a target company or its assets for acquisition (also called as Legal Due Diligence).
Persons involved in buying, selling, lending, and managing commercial real estate routinely need to perform a variety of types of commercial property due diligence.
Other important and highly recommended matter to use legal analysis is purchase of real estate. Due diligence is a legal instrument to attempt to avoid of unexpected problems, for example, real estate tax debt, non-registered construction, non-registered buildings on land which do not comply with data available at Land Book Registry, registered defence zone, registered prohibition to build up houses, etc. Such restrictions of real estates are commonly used at seasides and aims to protect the nature.
Results of Legal analysis (due diligence)
Practically due diligence mostly is carried out by lawyers, frequently cooperated with financier. In the result the analysis reflects facts, disclose potential or existing risks, points out issues to bear in mind, and finally gives a legal advice.
This page was last modified on 20 November 2020 at 05:56.
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Author: Artis Zelmenis