Changes to the ADLS 6th Edition Deed of Lease that help the landlord: CPI rent review – the CPI review ratchets commencement rent and could ratchet inflation based growth only. Insurance excess – the recoverable excess increased to $2,000.00 per claim where a Tenant’s act or omission causes the destruction or damage. Unit Titles Act 2010 – the Tenant must…
We understand that the Insurance Council of New Zealand is seeking judicial review of the decision by the Christchurch City Council to adopt its Earthquake Prone Dangerous and Insanitary Buildings Policy 2010. That 2010 policy required seismic strengthening of existing buildings to a target of 67% of the new building standard in certain circumstances, including…
AlexanderDorrington is pleased to announce that they have maintained their top tier position in the real estate and construction category of the Legal 500 Asia- Pacific. AlexanderDorrington remains the only Auckland boutique property firm that achieves this status for legal work in the real estate and construction area. Thanks to our clients, contacts and staff who have supported…
The webinar will be of interest to those involved with management rights – primarily developers, current managers or possible purchasers of management rights. We will talk about: the Unit Titles Act 2010 s139 and s140 duties of care on developers recent Court cases (including the decision at The Sentinel and Atrium Management) whether there remains such…