Multi-family Due Diligence Check-list
• Building Description – Legal description, zoning, measurements, etc.
• DHCR - Registrations - Cases - 1984-Present -Decontrol Orders -MBR
• Pending MCI’s
• Rent Roll (including T’ Name, apt. #, Lease expiration, security deposit)
• Tenants files, including Leases, Renewals, correspondence
• Residential Leases
• Commercial Leases and/or Abstracts - Tenant Contributions
• Arrears report
• Schedule of security deposits
• Boiler - Triennial Registration - Annual Inspection
• Certificate of Occupancy
• Compactor Certificate of Operation
• Most recent Water Bills - Water & Sewer account number(s)
• Electric, Gas & Oil Bills - Account Numbers & Providers
• HPD -Violations -Actions
• DOB Violations
• ECB violations
• Environmental Report Phase I
• Asbestos
• Lead paint
• Elevator -Annual inspection -3,5 year test
• Emergency repairs
• Fire Safety Plan
• Facade Report-Local Law 10/80 (if higher than 6 stories)
• Fuel passalongs
• Summary of insurance coverage (declaration and copy of complete policy)
• Litigations-pending -Tenants -Any other
• Lead/Window Guard, notices and response
• Lead paint violations
• MDR-all annual registration
• Notice of Assessment/Tax Bill -SCRIE -DRIE
• Pending J-51’s or Other Abatements
• Oil tank -Petroleum Bulk Storage Registration -Fuel Permit
• Sprinkler
• Smoke Detector Certification
• Employee Information
• A.) Salary B.) Date of hire C.) Payroll records D.) Union Contracts, if any
• Engineering Report / Environmental Report (If they exist)
• Title Report
• Copies of all service contracts (Which are not cancelable on 30 days notice)