The New York Affirmation of Due Diligence is a procedure that requires a prospective buyer of a business to conduct an investigation of the company being purchased. This investigation is to determine if the business is free from any fraud or misrepresentation, and whether it is in compliance with the laws of the state of New York. The New York Affirmation of Due Diligence requires the prospective buyer to evaluate the company’s financial statements, records, contracts, liabilities, assets, and any other relevant documents. The New York Affirmation of Due Diligence is divided into two types: the Basic Affirmation of Due Diligence and the Advanced Affirmation of Due Diligence. The Basic Affirmation of Due Diligence requires the prospective buyer to review the company’s financial records and documents, including balance sheets, income statements, and other documents. The Advanced Affirmation of Due Diligence requires the prospective buyer to conduct a more in-depth review and evaluation of the company’s documents, records, contracts, liabilities, assets, and other relevant documents. The Advanced Affirmation of Due Diligence also requires the prospective buyer to conduct additional research and due diligence to ensure the accuracy and completeness of the information provided.