Technology continues to impact the way due diligence research is conducted, but the basic requirements remain the same. Transactions such as corporate mergers, sales, divestitures and exchanges have resulted in the need for due diligence research of varying levels. This process is necessary for the transfer of title information and other documentation for many different projects.
The typical due diligence examination begins with a comparison of the right of way documents and system maps and creation of a project line list. This process is to assure that the entire system is legally protected with the proper right of way documentation. If a gap is detected, Sendero personnel determine the cause of the discrepancy and recommends possible curative actions.
A comprehensive review of title information provides a history of ownership. Sendero personnel then carefully analyze the details in order to extract information such as:
Sendero can also examine the client’s permits with local, county, state, federal and tribal jurisdictions to determine term limits, expiration dates, assignability and renewal requirements. Leases and term agreements are evaluated to determine expirations and payment information. Information gathered from this comprehensive analysis is entered into a database, with hard copy files organized and provided to the client in an agreed upon format. The information can be organized in a way that is user friendly, so that the client can easily access parcel information starting either from the line list or from maps. Sendero customizes these activities after consultation with the client to determine precise due diligence requirements. Sendero creates a due diligence checklist to assure that all details are covered and to prepare a report in compliance with the client’s requirements.
Abilene, Texas
79608-5848
Mendy Baird
mbaird@senderotx.com
Provides a full spectrum of right of way services on large and small projects.
(325)672-5540
mbaird@senderotx.com
