Mississippi Due Diligence Review Summary

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US-OG-454
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This form is a review summary for Due Diligence in the dealing with oil, gas or minerals.
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FAQ

The Due Diligence Check List Organizational documents ? company bylaws, organizational chart, list of assumed names, etc. Financial records ? 3 years historical and 5 years projected income statements and balance sheets. Mortgages, deeds and leases. Licenses, permits and letters of consent.

An example of the due diligence process in real estate would be a survey of a property for a sale by a professional and registered agent. The findings from the survey would then be given to the buyer so that they can make a fully informed decision as to whether to pursue purchasing the property.

Executive Summary It is a brief overview of the due diligence investigation. It should include a description of the due diligence process and the investigation results. In addition, the executive summary should identify any areas of concern that were uncovered during the due diligence investigation.

The phrase ?Due diligence? sounds complicated but in reality, it is simply the process of doing your homework before you make a major commitment, either on a business or personal level.

Due diligence falls into three main categories: legal due diligence. financial due diligence. commercial due diligence.

What Should Be in a Due Diligence Report Checklist? Information on the finances of the company. ... Information about the company's employees. ... Information on the assets of the company. ... Information on partners, suppliers, and customers. ... Legal information about the company.

Due diligence is an investigation, audit, or review performed to confirm facts or details of a matter under consideration. In the financial world, due diligence requires an examination of financial records before entering into a proposed transaction with another party.

The quality of working carefully and with a lot of effort: She hoped that her diligence would be noticed at work. The exhibition has been researched with extraordinary diligence.

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Mississippi Due Diligence Review Summary