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Overseas Property Industry debate IDIP
AIPP is currently working on due diligence guidelines for its members to ensure agents are asking the right questions about their developers and FOPDAC is compiling an updated checklist for members in 200 countries to refer to when it comes to undertaking due diligence. Chairman Steve Emmett says: “We are preparing a form containing the essential questions that agents need to ask before they get into the business of selling. Many members have produced their own versions over time, and this is a way to consolidate and present the vital information in a comprehensive format which is of great benefit to people new in the business
Peter Esders of The International Law Partnership is clear about the benefits of www.ismyhouselegal.com and how it should be used, saying: “We believe that developers will want to put their developments in the guide because consumers hunting for a certain destination can then see the range of reputable developments in their chosen area.” He qualified this by saying that it is a marketing tool primarily and not intended to be legal advice, which still must be sought.
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Our overseas property news is updated daily and written by a team of researchers dedicated to providing quality news. Many of our contacts in the overseas property market provide us with news and a variety of other news sources.






