Free Checklist Templates for Due Diligence

Due Diligence

OR

Buyer Due Diligence Coordination Checklist

Contract & Disclosure Review

Calendar all contract contingency deadlines

Confirm EMD posted to escrow

Walk through the seller's property disclosure

Verify the home's build year

Confirm lead-based paint disclosure delivered

Inspection Period

Schedule the general home inspection

Order specialty inspections

Review the inspection report with the buyer

Submit repair requests or objections

Title & Survey

Confirm title commitment received from escrow

Resolve title objections with the title officer

Order the property survey

Financing & Appraisal

Confirm the lender ordered the appraisal

Record the appraisal result against contract price

Negotiate the appraisal gap

Track loan conditions to clear-to-close

HOA & Insurance

Confirm whether the property has an HOA

Order HOA estoppel and governing documents

Bind homeowner's insurance for the lender

Final Walkthrough & Closing

Schedule the final walkthrough

Verify wire instructions verbally with escrow

Confirm clear-to-close from the lender

View Workflow Use Workflow

Investment Due Diligence Checklist

Engagement Setup

Capture the diligence mandate and target

Confirm the investment is suitable for retail clients

Open the diligence file in the document repository

Financial Analysis

Review three years of audited financial statements

Analyze revenue, EBITDA, and margin trends

Evaluate cash flow quality and conversion

Stress-test management projections

Examine debt schedule and covenant headroom

Management and Operations

Run background checks on key principals

Interview the CEO and CFO

Review the organizational structure and key-person risk

Assess operational systems and controls

Market and Competitive Analysis

Map the competitive landscape

Evaluate TAM and growth assumptions

Conduct customer reference calls

Assess barriers to entry and durable moat

Legal and Regulatory Compliance

Verify SEC and state regulatory standing

Review pending and historical litigation

Review IP, data privacy, and cybersecurity posture

Confirm the offering is fee-aligned with our fiduciary duty

Risk Assessment and IC Sign-Off

Score each risk category in the diligence matrix

Review liquidity and lock-up terms

Draft the investment committee memo

Record the investment committee decision

Close out the conditions of approval

Document the rejection rationale

View Workflow Use Workflow

M&A Due Diligence Checklist

Engagement Setup

Execute the NDA and engagement letter

Confirm independence under AICPA rules

Send the PBC list to the target

Quality of Earnings

Tie audited financials to the trial balance

Build the EBITDA bridge with adjustments

Analyze revenue by customer and cohort

Verify net working capital target

Identify debt-like items and net debt

Tax Diligence

Review three years of federal returns

Run a multi-state nexus study

Confirm payroll tax deposit history

Legal and Compliance Review

Catalog material contracts and change-of-control terms

Investigate litigation and regulatory matters

Engage outside counsel on flagged matters

Operations and HR

Walk the facilities and review IT infrastructure

Review the cap table and equity compensation plans

Audit benefit plans and 401(k) compliance

Interview key employees on retention risk

Market and Strategic Fit

Validate market size and competitive positioning

Quantify cost and revenue synergies

Run customer reference calls

Diligence Report and Sign-Off

Compile the findings memo and red-flag log

Hold the deal-team review meeting

Capture partner go/no-go decision

Draft the price-adjustment memo to the seller

View Workflow Use Workflow

Merger and Acquisition Due Diligence Checklist

Engagement Setup

Sign NDA and confirm engagement scope

Confirm data room access and PBC list

Financial Due Diligence

Review three years of audited financials

Build the quality of earnings analysis

Tie working capital to the target peg

Stress-test management projections

Tax Due Diligence

Review federal and state income tax returns

Audit sales-tax nexus across states

Quantify state nexus liability exposure

Confirm payroll tax filings and deposits

Legal and Compliance Due Diligence

Inspect material contracts for change-of-control

Review pending and threatened litigation

Verify regulatory licenses and permits

Operational and IT Due Diligence

Walk through core operational processes

Inventory IT systems and SaaS contracts

Assess cybersecurity controls and incident history

Engage external cyber forensics review

Human Resources Due Diligence

Review employee census and compensation

Examine key-employee retention agreements

Audit 401(k) plan compliance

Commercial and Market Due Diligence

Interview top customers on concentration

Map competitive landscape and win-loss

Review IP portfolio and trademark filings

Cultural Fit and Integration Readiness

Assess cultural alignment with management

Identify integration risks and synergy gaps

Findings and Partner Sign-Off

Compile diligence findings memo

Hold partner review and final recommendation

View Workflow Use Workflow

Property Acquisition Due Diligence Checklist

Legal and Title Review

Order the title commitment and ALTA survey

Review zoning and confirm legal use

Clear liens, easements, and CC&Rs

Negotiate title objection letter with seller

Financial and Lease Audit

Audit T-12 and trailing rent rolls

Estop tenants and verify lease abstracts

Verify property tax and insurance basis

Underwrite stabilized NOI and cap rate

Physical and Environmental Inspection

Engage a Property Condition Assessment

Inspect roof, envelope, and major systems

Order Phase I ESA

Commission Phase II investigation

Test for asbestos, lead paint, and mold

Operations and Service Contracts

Review existing management agreement

Audit vendor contracts and COIs

Build the year-one capex and turn plan

Tenant and Compliance Review

Abstract leases and flag expirations

Verify deposit and prepaid rent ledgers

Confirm Section 8 and LIHTC compliance

Market and Submarket Analysis

Build the rent comp set

Pull demographic and employment data

Identify supply pipeline and absorption

Investment Committee and Close

Present findings to investment committee

Issue retrade or termination notice

Finalize closing checklist with counsel

View Workflow Use Workflow

Residential Real Estate Due Diligence Checklist

Property Information & Disclosures

Confirm contract effective date and key deadlines

Review the seller's property disclosure

Request HOA estoppel and governing documents

Inspections & Environmental

Schedule the general home inspection

Attend inspection and review the report

Review the lead-based paint disclosure

Submit inspection objections to the seller

Title & Legal Review

Order the title commitment from escrow

Review title for liens, easements, and encumbrances

Resolve title objections with the closing attorney

Financing & Appraisal

Confirm the buyer's loan application is complete

Track the appraisal to completion

Negotiate the appraisal gap

Due Diligence Decision

Review all contingency deadlines with the buyer

Document the buyer's due diligence decision

Deliver the termination notice and EMD release

View Workflow Use Workflow

RIA Acquisition Due Diligence Checklist

Corporate & Governance Review

Pull current Form ADV Part 1 and 2A

Verify SEC and state registration status

Map ownership structure and cap table

Review board minutes and key resolutions

Document key-person dependencies

Financial & Revenue Analysis

Analyze AUM trends and client concentration

Review revenue mix by fee type

Examine three years of financial statements

Reconcile fee billing against custodian records

Evaluate accounts receivable aging

Regulatory & Compliance Review

Pull recent SEC or state exam letters

Review AML CIP program and OFAC logs

Verify advisor U4 disclosures on IAPD

Audit code of ethics and personal trading log

Examine custody rule SLOA controls

Deep-dive remediation status on open findings

Operations & Technology Review

Inventory custodian and PMS platforms

Audit email archiving and off-channel comms

Assess Reg S-P cybersecurity controls

Review Form CRS and client agreement templates

Collect vendor SOC 2 reports and BCP

Findings & Sign-Off

Compile the material findings memo

Final due diligence sign-off

Schedule remediation follow-up call

View Workflow Use Workflow

Ready to take control of your recurring tasks?

Start Free 14-Day Trial

Use Slack? Sign up with one click

With Slack

Company

About
Product Roadmap
API Reference
Privacy Policy
Terms
Contact Us
Blog

Resources

Help
Getting Started Guides
Video Center
Demos
Your Account
Use Cases
Pricing

©Manifestly 2026

When you visit or interact with our sites, services or tools, we or our authorised service providers may use cookies for storing information to help provide you with a better, faster and safer experience and for marketing purposes.