Include digital ownership in property due diligence
Inventory access control, cameras, network equipment, controllers, sensors, software licences, cloud accounts and maintenance subscriptions. Confirm which assets and rights transfer to the buyer and which remain with a service provider, tenant or previous owner. Prepare an administrator-access handover, test backups and critical functions, and evaluate replacement, support and vendor-lock-in costs. Review camera placement, data access and retention with qualified advisers; a functioning screen is not proof of legal or cybersecurity compliance.
Practical verification checklist
Smart-system audit: Inventory controllers, sensors, network equipment, software licenses, administrator accounts and service contracts. Verify lawful camera placement, access permissions, retention policy, backup and security-update responsibility with competent advisers. Include replacement and vendor-lock-in costs in the budget and test that critical building functions remain operable during network outages.
