Buyer's due diligence involves carefully reviewing these disclosures, asking relevant questions, and seeking professional inspections if necessary. During the due diligence period, buyers have the right to cancel the purchase agreement if they discover something risky about the property.The timeframe for completing the buyer's due diligence in a CAR Residential Purchase Agreement is specified in the contract. Buyer acknowledges that it has conducted and completed its Due Diligence Inspection of the Subject. A comprehensive commercial real estate and due diligence checklist to help you navigate California's complex bulk sale laws and regulations. Civil Code §§ 1102.3, 1102.6. Consider an individual who receives an original salesperson license from the California Bureau of Real Estate (CalBRE). The newly licensed agent. In the event that Buyer discovers any adverse condition in connection with any test or inspection of the Property within the Due Diligence. In California, a due diligence or contingency period is allowed for sellers to deliver disclosures in seven days.