Seller's Due Diligence
/ˈsɛlərz du ˈdɪlədʒəns/
Definitions
- (n.) A seller's investigation and verification of facts about an asset or property prior to its sale to ensure accuracy and legal compliance.
The seller's due diligence revealed undisclosed liens on the property before closing.
Forms
- seller's due diligence
Related terms
See also
Commentary
Seller's due diligence focuses on the seller's responsibilities to verify and disclose relevant information, complementing buyer's due diligence in transactional practice.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.