# Customer Due Diligence (CDD) Checklist — Real Estate

Use this checklist for every new customer engagement (vendor or purchaser) and refresh it whenever a trigger event occurs.

## 1. Identify the customer
- [ ] Full legal name
- [ ] Date of birth
- [ ] Residential address (verified, not PO Box)
- [ ] Company / trust / partnership name and registration number (if not an individual)

## 2. Verify identity
- [ ] Government-issued photo ID sighted and copy retained
- [ ] Secondary proof of address (utility bill, bank statement < 3 months old)
- [ ] For entities: certificate of incorporation / trust deed / partnership agreement
- [ ] Electronic verification result (where used) saved to file

## 3. Beneficial ownership
- [ ] Identify all natural persons owning ≥ 25% of the entity
- [ ] Identify any person exercising effective control
- [ ] Document the ownership chain (org chart for layered structures)
- [ ] Verify identity of each beneficial owner to the same standard as the customer

## 4. Nature & purpose of the relationship
- [ ] Type of transaction (sale, purchase, lease)
- [ ] Source of funds for the transaction
- [ ] Source of wealth (for higher-risk customers)
- [ ] Expected transaction value

## 5. Risk rating
- [ ] Customer risk score recorded (Low / Medium / High)
- [ ] PEP screening completed
- [ ] Sanctions screening completed
- [ ] Adverse media check completed

## 6. Ongoing CDD
- [ ] Trigger events documented (change of ownership, unusual activity, refresh date)
- [ ] Next review date scheduled
- [ ] Compliance Officer sign-off

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General information only. Not legal advice. © Compliance1.