This book provides real estate students and practitioners with a comprehensive structure for assessing and managing legal risks on properties such as office buildings, shopping centres, industrial buildings, apartments, and hotels-before the transaction closes. Unlike any other Real Estate text, this book approaches the subject from the perspective of legal due diligence. Due diligence is an essential investigation process designed to uncover potential risks posed by a targeted real estate acquisition, financing, or development project. Failing to identify a property's critical legal risks can result in costly oversights and diminished investment returns. This book fills a gap in the real estate literature and is adaptable for use as a college textbook, a practitioner's guide, or for industry training.