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Invalid cancellation of lease

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...

Overseas investors and residential property

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...

Bodies Corporate – who pays for what?

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...

Unit Titles Act 2010 Developers and Disclosure

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...

Compulsory GST zero rating – new GST rules

by AlexanderDorrington | May 3, 2011 | General property Law, Sale and Purchase

What is CZR? From 1 April 2011 it became compulsory for certain land transactions to be compulsory zero rated (CZR).  This means that GST will be charged at the zero percent.  The regime will apply to almost all transactions involving land that are made...
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