Fractional Dutch Auctions of Commercial Income-Producing Real Estate Properties - TIC Plan Ownership Syndications

Home
User Registration
How Syndicates Work
Syndication Process
Syndication Risks
Pre-Con.  Syndicates
Con. Syndicates
Post-Con. Syndicates
Sale-Leasebacks
Project Approvals
Investor's Corner
Developer's Corner
Documentation
Post-Syndication
Glossary

Due Diligence Documentation "Exhibit E-1"

Site, Survey & Civil Engineering Firm Profile

The following notes are provided pertaining to this exhibit:

  1. What: the proposed Project can only be constructed once all the necessary planning, design and engineering work required to commence construction have been completed.  The Site Plan, Surveys and Civil Engineering services are provided by licensed professionals.  

  2. When: during the pre-construction phase once the market feasibility study, pro forma financial presentation and the Owner's Program have been prepared and continuing through the construction phase.

  3. Why: the Developer is charged with exercising due diligence with respect to the selection of the site planning, civil engineering, surveying and associated planning services by selecting the best qualified professional services companies the project can afford to retain for the provision of these services.

  4. Where: this work is usually undertaken by professionals who are licensed to provide services to the site location.  This information is then used by the Project Architect and the Design/Builder to quantify the total scope and cost of all development and construction operations. 

  5. How: the firm profiles provide information as to each firm's experience with projects of essentially similar scope and cost.  

  6. What's important: selecting consultants that have direct and definitive expertise in the type of project being developed.

  7. For projects that do not envision any new construction activities, this exhibit is not required.

For more information, please contact us at 832.659.5009 or via email at info@realestateplays.com.  


 


Send mail to info@realestateplays.com with questions or comments about this web site.

Copyright © 2008 Real Estate Plays Dot Com, LLC

15519 Dawnbrook Drive, Houston, Texas 77068

Telephone: 832.659.5009

Fax: 206.600.5310