Feasibility Study Requirement

The study should include:

• Routine due diligence for a purchase of real property:
  • A current appraisal
  • A current survey/plat of property
  • Current photos of property
  • Location map of property
  • Environmental impact analysis (when appropriate)
  • Physical site visit of the property (when appropriate)
  • Identify encumbrances attached to the property
  • Retention of legal advisors
  • Securing a firm purchase price (in conjunction with the requesting unit)