Category: Subdivisions

• 11/5/2012 - “What is material?”
  Boundary adjustments and redevelopments under the Unit Titles Act 2010.
• 10/5/2012 - Defective Titles 3 - 0
  There have been a spate of recent cases about requisitions. That is, purchasers objecting to defective titles.
• 8/5/2012 - Residential Developers and Building Amendment Bill (No.4)
  Another way for a buyer to cancel a pre-sale contract?
• 22/9/2011 - Void Purchase Agreement - A Good Reason Not To Settle?
  A number of property subdivisions completed within the last 2 or 3 years were originally pre-sold at levels well above market value at the time of settlement.
• 3/8/2011 - You snooze, you lose - RMA and the developer
  s225 Resource Management Act, when can a purchaser cancel?
• 28/7/2011 - Development funding anyone?
  Migrants can now invest in residential property developments in order to secure residency. This will be of interest to a developer seeking development funding.
• 27/5/2011 - Overseas investors and residential property
  We were interested to hear that the investor migrant policy is changing with effect from 25 July 2011.
• 3/5/2011 - Unit Titles Act 2010 Developers and Disclosure
  The impact of the Unit Titles Act on developers.
• 19/10/2010 - Subdivisions That Involve Common Areas and Societies
  A recent case illustrates the needs to comply precisely with Securities Act requirements.
• 13/9/2010 - Insuring private infrastructure
  Does land need to be insured?
• 16/8/2010 - Subdivisions, minimum areas and cancellation of contracts
  A July Supreme Court decision provides useful advice about minimum area clauses for developers/purchasers entering into pre-sales contracts. This case is also useful when considering a breach of an essential term in an agreement for sale and purchase.
• 26/7/2010 - More about the Land Transfer Act changes - Land Covenants and Encumbrances
  The Law Commission suggests some changes to the law relating to covenants and encumbrances
• 22/7/2010 - Pre-sales contracts
  What do development funders want to see in pre-sales contracts at the moment?
• 29/3/2010 - Unit Titles Bill
  The Unit Titles Bill is slowly working its way through. Hopefully we see a new Unit Titles Act this year because it is definitely needed.
• 29/3/2010 - Resource Management Act Changes
  In October last year the promised streamlining of the Resource Management Act came into effect. Perhaps all of the property developers had already gone to ground, or perhaps it was because the need for change had been so long in the coming that the fanfare wasn't great. There wasn't a lot of noise about the changes.
• 29/3/2010 - Reasonable time for completion of a subdivision
  What a Court considers a reasonable time for completion of a subdivision might be longer than you think!