Covid 19 and Property Settlements

2 April 2020 As we enter week 2 of lockdown, issues are starting to emerge around property settlements.  On a NZLS webinar this morning it was noted there are thought to be 5800 settlements impacted. A number of settlements are delayed until we return to Covid-19 Level 2, or 3.  A number of settlements have…

Selling a unit title

Selling a Unit Title

If you are selling or plan to sell unit title property, we recommend you take a close look at the warranties you agree to provide.

financial support

Providing financial support to your parents

Clients are loaning their parents cash. These loans are being secured in one of two ways. A mortgage over the parents’ family home, with repayment expected upon the death of both parents. Or children are being sold a portion of the family home in consideration.

consent - sensitive land

Overseas Investment in Sensitive NZ Land

The Overseas Investment Act 2005 provides that a transaction needs consent when there is an overseas investment in sensitive land. What is sensitive land? What type of property transaction is caught?

Land Transfer Act 2017

A new tool for developers

An act that has underpinned our land transfer system for 60 years was put to bed and the Land Transfer Act 2017 became effective. That change may not impact on you daily, but some things will impact on how you complete your developments in the future.

Overseas Investment Act Amendment

The Overseas Investment Amendment Act 2018

From 22 October 2018 (or potentially earlier if we have orders in Council to that effect) the sale of residential land in New Zealand to an overseas person will potentially require consent from the Overseas Investment Office. Denise Marsden looks at the law change from the residential developer’s viewpoint.