by Denise Marsden | Aug 23, 2010 | Unit Titles
Once the UTA 2010 commences, there are transitional arrangements that apply for 15 months. This is a short summary of the options, useful for a body corporate secretary/manager. Body corporate rules – a body corporate can either keep its existing...
by Jourdan Griffin | Aug 23, 2010 | Sale and Purchase
The next time you pick up an agreement for sale and purchase of real estate, chances are it will be the latest version (eighth edition 2006(3)) jointly released by the REINZ and the Auckland District Law Society last week. Compensation clause The new agreement...
by AlexanderDorrington | Aug 19, 2010 | Sale and Purchase, Unit Titles
A potential purchaser recently asked just what they should look out for when buying a unit title. I am sure they did not expect a list that was quite as long as I had in my mind but there are a lot of things to take into account. Here is a summary of...
by Denise Marsden | Aug 16, 2010 | Sale and Purchase, Subdivisions
The Supreme Court decision in Mana Property Trustee Limited v James Developments Limited gives some useful advice about minimum area clauses which developers/purchasers entering pre-sales contracts should consider. This case is also...
by Debra Dorrington | Jul 26, 2010 | General property Law, Subdivisions
It is not uncommon to see encumbrances registered against titles. They are a tool used when a landowner has an obligation to someone like an incorporated society or a neighbour. An encumbrance might require that a landowner: join an association, maintain some...
