by Denise Marsden | Aug 19, 2015 | General property Law
It is proposed to make the profits on sales of residential property taxable if sold within two years of acquisition, subject to certain limited exceptions. There will be no “purpose” or “intention test” to determine whether profits are...
by Denise Marsden | Apr 7, 2015 | Leasing, Unit Titles
Leasing unit titles is more complex than other forms of leasing. The Unit Titles Act 2010 (UTA) and the body corporate operational rules will prevail over the lease. The landlord might only have a very small say in how that plays out. This depends on their individual...
by Debra Dorrington | Mar 10, 2015 | General property Law
“It’s the death of common sense,” he said leaning on my doorframe, frustration etched on his face. This was the third visit – trying to provide information to the bank suitable to meet anti-money laundering requirements; – so he could get online...
by Debra Dorrington | Mar 10, 2015 | General property Law, Leasing, Subdivisions, Unit Titles
In the past, proxies were commonly used in the unit title setting. Developers would provide for them in sale contracts. Property managers would include them in leases of serviced apartments. It gave the developers and the managers the opportunity to control...
by AlexanderDorrington | Feb 23, 2015 | Business Law
The Commerce Commission has long been the watchdog for consumers purchasing goods and services in New Zealand. Part of their role is to protect consumers from traders or sellers who engage in unfair or deceptive conduct. Historically this has involved monitoring...
