by Denise Marsden | May 31, 2011 | General property Law, Unit Titles
Many agreements being signed now will be subject to the new seller’s disclosure regime. Agreements for sale and purchase for a unit title property will be subject to the new disclosure regime if entered into before 20 June with settlement after 27 June 2011. ...
by AlexanderDorrington | May 27, 2011 | General property Law, Leasing
Lessors are encouraged to take a lot of care and attention when cancelling leases under the Property Law Act 2007. The Supreme Court’s decision on 10 May 2011 in Ingram & Knee v Patcroft Properties Limited shows that care and attention is very important. The...
by AlexanderDorrington | May 27, 2011 | Fresh Business Thinking, Subdivisions
We were interested to hear that the investor migrant policy is changing with effect from 25 July 2011. Residential property will be an "acceptable investment" for migrants relying on the ‘investor’ category to seek residency in NZ. The migrant’s own house...
by Debra Dorrington | May 12, 2011 | General property Law, Unit Titles
Unit entitlements In the past all body corporate levies have been assessed on unit entitlements. Because unit entitlements are based on value, historically different owners using the same facilities could be required to contribute to costs to differing...
by Debra Dorrington | May 3, 2011 | General property Law, Subdivisions, Unit Titles
Unit Titles Act 2010 Developers and Disclosure The impact of the Unit Titles Act 2010 on developers Disclosure requirements in general are introduced in a previous blog. What follows is an analysis of the specific implications for developers and the additional...