Real Estate Due Diligence Process in International Real Estate Transactions in Latvia
International real estate transactions, especially in countries with different legal systems, are characterised by the fact that each transaction is unique in its complexity, confidentiality, different risk factors, and the limited availability of information regarding the real estate. The Due Dilig...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2015-12-01
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| Series: | Baltic Journal of Real Estate Economics and Construction Management |
| Subjects: | |
| Online Access: | https://doi.org/10.1515/bjreecm-2015-0010 |
| _version_ | 1811272381465886720 |
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| author | Viesturs Janis Auziņš Armands |
| author_facet | Viesturs Janis Auziņš Armands |
| author_sort | Viesturs Janis |
| collection | DOAJ |
| description | International real estate transactions, especially in countries with different legal systems, are characterised by the fact that each transaction is unique in its complexity, confidentiality, different risk factors, and the limited availability of information regarding the real estate. The Due Diligence (DD) process is an instrument that can help avoid or at least reduce risks and assist in making important decisions regarding real estate transactions. The term “Due Diligence” has a number of different meanings. The aim of this paper is to determine the etymology of this term and to identify its most common contemporary meaning. Each DD process is to be recognised as a project requiring management because of the potentially high number of individuals that could be involved. |
| first_indexed | 2024-04-12T22:39:18Z |
| format | Article |
| id | doaj.art-6394c37705e44d5fa1f7199306f216e5 |
| institution | Directory Open Access Journal |
| issn | 2255-9671 |
| language | English |
| last_indexed | 2024-04-12T22:39:18Z |
| publishDate | 2015-12-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Baltic Journal of Real Estate Economics and Construction Management |
| spelling | doaj.art-6394c37705e44d5fa1f7199306f216e52022-12-22T03:13:46ZengSciendoBaltic Journal of Real Estate Economics and Construction Management2255-96712015-12-01319110210.1515/bjreecm-2015-0010Real Estate Due Diligence Process in International Real Estate Transactions in LatviaViesturs Janis0Auziņš Armands1Riga Technical University, LatviaRiga Technical University, LatviaInternational real estate transactions, especially in countries with different legal systems, are characterised by the fact that each transaction is unique in its complexity, confidentiality, different risk factors, and the limited availability of information regarding the real estate. The Due Diligence (DD) process is an instrument that can help avoid or at least reduce risks and assist in making important decisions regarding real estate transactions. The term “Due Diligence” has a number of different meanings. The aim of this paper is to determine the etymology of this term and to identify its most common contemporary meaning. Each DD process is to be recognised as a project requiring management because of the potentially high number of individuals that could be involved.https://doi.org/10.1515/bjreecm-2015-0010due diligencedue diligence frameworkreal estate investigationreal estate transactionsvendor due diligence |
| spellingShingle | Viesturs Janis Auziņš Armands Real Estate Due Diligence Process in International Real Estate Transactions in Latvia Baltic Journal of Real Estate Economics and Construction Management due diligence due diligence framework real estate investigation real estate transactions vendor due diligence |
| title | Real Estate Due Diligence Process in International Real Estate Transactions in Latvia |
| title_full | Real Estate Due Diligence Process in International Real Estate Transactions in Latvia |
| title_fullStr | Real Estate Due Diligence Process in International Real Estate Transactions in Latvia |
| title_full_unstemmed | Real Estate Due Diligence Process in International Real Estate Transactions in Latvia |
| title_short | Real Estate Due Diligence Process in International Real Estate Transactions in Latvia |
| title_sort | real estate due diligence process in international real estate transactions in latvia |
| topic | due diligence due diligence framework real estate investigation real estate transactions vendor due diligence |
| url | https://doi.org/10.1515/bjreecm-2015-0010 |
| work_keys_str_mv | AT viestursjanis realestateduediligenceprocessininternationalrealestatetransactionsinlatvia AT auzinsarmands realestateduediligenceprocessininternationalrealestatetransactionsinlatvia |