Preliminary Due Diligence
A paper you can put in front of a principal, and defend line by line.
Preliminary Due Diligence is the evidence-grounded paper PropTrova prepares from a property address alone. It resolves the asset, ownership and control, recorded history, market position, value and risk; it separates what is established from what is inferred; it prints its calculations; and it states plainly what it could not establish. It is prepared for human review — it is not a final opinion.
Sample paper
The assessment and its footing travel together
Preliminary Opportunity Assessment · paper preview
Fictitious demonstrationCommercial real estate
Preliminary Opportunity Assessment
18 Meridian Exchange, North Quay
Mixed-use investment · Sample subject
Prepared by PropTrova for Sample Investment Committee
17 September 2026 · Version 01
Executive assessment
A well-located income asset with a material lease rollover question.
The public record supports the asset identity, ownership chain and recorded financing. Operating evidence remains incomplete; the current rent roll and insurance premium have not been established.
Evidence
42 records
Confidence
Qualified
Open matters
4
Checklist
18 / 22 closed
Material open matter
Confirm the occupancy footing and reconcile the unit schedule before income is relied upon.
What it contains
The paper, section by section
01
The asset
What the property is, as the record establishes it.
02
Ownership and control
Entities resolved through to the people who decide.
03
Recorded history
Transfers, filings and the dated trail behind them.
04
Market position
Where the asset sits, and on what basis that is said.
05
Value
Methods stated, sums folded by the engine, working printed.
06
Risk and counter-case
The argument against the conclusion, made explicitly.
07
Parties and relationships
Who stands behind it, and who would plausibly act.
08
Open matters
What was sought, from whom, and what the gap limits.
The boundary
Preliminary is prepared. Final is signed.
Preliminary Due Diligence is machine-prepared work reviewed by people. Final Due Diligence is released by a named person, and only once every material figure has been either confirmed against a document, a filing or a person’s own words, or carried forward as an open matter with a written reason.
- Every item on the preliminary checklist must be closed — by evidence, by a person's stated answer, or as a carried open matter. None may simply lapse.
- Release is refused while any material figure or checklist item is unsettled and unexplained.
- Release, and every confirmation, adjustment and rejection before it, is written to the activity record.
- A closed diligence can be reopened, with a recorded reason, when something new arrives.
Outputs
The same figures, in the form the room needs
- A publication-grade PDF with a title page, confidentiality page, contents, addenda and closing pages.
- An editable document for teams who must mark it up.
- A board-grade deck, designed for a committee rather than a text dump.
- A working model whose formulas are open, so every derived figure can be traced and checked.
What this does not do
Stated limits
Preliminary conclusions are drawn from lawfully available record and are inference where the record is incomplete. PropTrova marks them as such, blocks the calculations that rest on figures never established, and does not offer legal, valuation, tax or investment advice.
See what PropTrova can establish about an opportunity.
Access is granted to working commercial real estate teams while the design-partner programme is under way.