Succession is the process by which communities colonise an ecosystem and are then replaced over time by other communities: Pioneer species: These are the first species to occupy a new habitat, starting new communities. They have rapid reproductive strategies, enabling them to quickly occupy an uninhabited area.
Definition of due diligence. 1  1 law : the care that a reasonable person exercises to avoid harm to other persons or their property failed to exercise due diligence in trying to prevent the accident.
In New York, the due diligence period occurs in the days before a property goes under contract, explains Ian Katz, principal real estate broker for the Ian K. Katz Group, based in New York City and Westchester, New York.