Due Diligence Reviews

Whether you’re buying or selling a building, elevator due diligence (also known as vertical transportation due diligence) is of utmost importance. Due diligence reviews done by Buckley Belcher & Company can effectively evaluate a property to give you the facts that you need before you make any sort of investment.

What Is an Elevator Due Diligence Review?

By understanding where you’ve been, you can understand where you’re going. A due diligence review does just that. A due diligence review for an elevator system (or other type of vertical and/or horizontal transportation system) examines a building’s system to uncover facts about past or future maintenance and repairs. This will not only discover problems that a transportation system has had in its past, but it will also highlight potential problems in the future. By undergoing a due diligence review, you could save thousands, even millions, of dollars in future repairs and/or fees.

The Process

So, what, exactly, does a due diligence review uncover? Here at Buckley Belcher & Company, we analyze various parts of an elevator system, including:

• A full assessment of the elevator condition
• Evaluation of the system’s ability to handle the building’s needs
• Review of compliance with code-related issues
• An assessment on the remaining useful life of the equipment

Here at Buckley Belcher & Company, we combine knowledge and hands-on experience to enhance the design and functionality of your vertical and horizontal transportation systems. To learn more about our vertical transportation due diligence reviews, contact us online or by phone at 844-442-2353 today.