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Residential Developers and Building Amendment Bill (No.4)

by Denise Marsden | May 8, 2012 | Building, General property Law, Subdivisions

Building Amendment Bill (No.4) had its first reading in parliament on 1 May 2012.  The bill, if passed, will significantly enhance the consumer protection measures for building work.  This article focuses on the consumer protection insofar as residential...

Warranty vs due diligence

by Denise Marsden | Apr 3, 2012 | Business Law, General property Law, Sale and Purchase

On 28 March 2007 Mr and Mrs Singh, experienced orchardists, signed up to purchase a lemon and kiwifruit orchard in Glenbrook.  The standard form of agreement for sale and purchase of real estate was used.  A due diligence clause was inserted, giving the...

Is the balance right? Could caveat emptor be dying?

by Debra Dorrington | Mar 23, 2012 | General property Law, Sale and Purchase

A recent decision by the real estate agents disputes tribunal has left real estate agents and lawyers re-examining responsibilities on a sale. A purchaser looked for and thought they had found a property that was a house and income unit. The property had a separate...

What if Council information is wrong?

by Debra Dorrington | Mar 21, 2012 | General property Law

I once heard a story about a property developer who purchased a property for residential redevelopment. Integral to the due diligence investigations was a LIM which clearly identified the location of services.  Services were in a convenient position to enable...

Property Council Manifesto: Fast Forward to Growth

by Debra Dorrington | Mar 21, 2012 | Building, General property Law

The Property Council New Zealand recently released its manifesto Fast Forward to Growth.  It is easy to read, focused on commercial property and aimed at encouraging growth, productivity and investment. Key points it advocates include: • A national policy on...
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