Anchor Law Blog

Due Diligence: Protecting Clients Before Closing

In both residential and commercial transactions, due diligence is key. We guide our clients in evaluating all relevant legal and practical considerations before they commit to closing. This includes confirming that:

• • Title is clear, with no known issues
• • Surveys accurately reflect boundaries and improvements
• • Zoning laws allow the intended use or planned development
• • Environmental conditions (mold, underground tanks, asbestos, etc.) do not pose risks
• • The deed language correctly matches the legal description and intended warranties
• • The contract fairly allocates risks, taxes, and post-closing responsibilities

Due diligence is not just about finding red flags, but also about giving you confidence that your investment is sound and your rights are protected.

Our Role in the Transaction

Anchor Bay Law works with buyers, sellers, developers, investors, brokers and agents, builders, and title companies throughout Michigan. Our approach is collaborative: we respect the roles of real estate professionals and work closely with them while focusing on the unique legal needs of our clients.

Whether you bring us into a transaction at the outset or after a contract is already signed, Anchor Bay Law strives to provide clear, timely advice and help you understand your rights and obligations at every step.

We routinely help clients:

• • Draft or review offers to purchase
• • Explain the legal implications of terms and conditions
• • Negotiate inspection, contingency, or financing clauses
• • Assist to resolve disputes over repairs or appraisals
• • Attend closings or review closing documents in advance
• • File zoning or land use applications as needed