No longer need for ‘buyer beware’
When it comes to purchasing commercial property there is a lot of risk involved, not only with regards to market, but also in terms of the condition of the property that is being purchased. There are certain checks that most experienced investors would do, and buyers will also have a solicitor doing due diligence, but at the end of the day, much of the information provided about the property upfront will be based on what the seller has provided. This is the reason warranties from the seller are often put in place.
