What is “Due Diligence?”
What is “Due Diligence?”

Most of us have heard that term before, but really have no idea what it means.  However, almost everyone has actually “done their due diligence,” as the saying goes.  The simplest example of due diligence is not a legal term but one we are all familiar with – dating. As an example, John asks you to go on a dinner date and you agree.  You ask each other questions, get to know one another, and decide a second date is warranted.  And get to know each other more, and on to a third date, etc.  You did your due diligence, and John seems like a great guy and you enter into a “contract” for marriage.

You “did your due diligence,” when finding a suitable partner, so you should certainly do it when buying a house, a car, a small business, or just about anything else that requires a contract.  Some legal terms are much more simple than they sound!

Other Posts

Driving Legal Excellence and Geographical Growth
With an impressive track record in real estate transactions, land use matters and civil litigation, as well as the ability to foster meaningful relationships, partnerships, and a hyper-focused attention on client services, David York has been a key driver of growth at Novins, York, Jacobus & Dooley. “My hope is to continue to build relationships […]
Personal Relationships
In the dynamic and complex world of law, the importance of personal relationships with clients can be detrimental to your practice. One of the key elements that sets Novins, York, Jacobus & Dooley (NYJD) apart is our commitment to building trust with our clients. Establishing a strong attorney-client relationship is essential for effective communication and […]
When Do You Decide Its Time For Civil Litigation
With over two decades of legal experience, York has become a true pillar in the field of litigation, offering his clients unparalleled legal counsel and representation. His areas of specialization include Real Estate, Land Use & Planning, Banking & Corporate, and the ever-thriving arena of Civil Litigation. Navigating the Legal Landscape Litigation is thriving, and […]

CONTACT

Ocean County

202 Main St.

Toms River, NJ 08754

732-349-7100

Bergen County

50 Tice Blvd. Suite 340

Woodcliff Lake, NJ 07677

201-690-5125


© Copyright 2024

Skip to content