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due diligence period usually refers to the time after signing a contract that the buyer has to inspect the property and make a decision whether they want to buy the property or lease the property or otherwise go forward with the transaction its important during due diligence period that you gather all of your information you have to get uh your inspections done you have to get your environmental inspections done you have to gather all the documents that relate to the property you have to do your uh zoning checks and you generally have to be 100% certain that youre going to go forward with this deal because if you dont gather all that information when due diligence expires your deposit money becomes non-refundable before due diligence expires you can still walk away its whats also called a free look period its important to have a good broker and a good team of professionals around you to conduct all of these inspections gather all the documents tell you what everything means and a
