Sale & Purchase agreements – new considerations
With so much uncertainty until we eliminate COVID-19, Denise Marsden has some extra clauses sellers and buyers might consider adding to agreements for sales and purchase.
No access and COVID-19
Tenants unable to gain access to premises they rent to fully conduct their business are entitled to relief under ADLS Sixth Edition 2012. We look deeper at what this means for both landlords and tenants.
Property Settlements and COVID-19
As we enter week 2 of lockdown, issues are starting to emerge around property settlements. Denise Marsden looks at the key areas of concern and takes a practical approach to each.
How is a ‘Working Day’ defined during lockdown?
Denise Marsden investigates if parties’ scheduled obligations are deferred during the COVID-19 Level 4 lockdown, looking at the definition of ‘Working Day’.
10th Edition 2019 Agreement for Sale and Purchase of Real Estate
As we transition to a new Agreement for Sale and Purchase of Real Estate in NZ, Denise Marsden looks at the implications for both vendors and purchasers.
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?
Overseas Investment – Who can buy residential land in NZ without the need for consent?
In light of the changes to the Overseas Investment Act 2005, there has been a lot of discussion about who cannot buy residential land in NZ now. Denise Marsden looks at it another way, considering who can buy residential land in NZ without consent.
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.
What type of bond is best for your construction project?
There have been a couple of recent decisions concerning bonds under construction contracts. They remind us it’s important to know what kind of bond you are dealing with.
Interpreting repair and maintenance covenants in leases entered after 1 Jan 2008
Repair and maintenance obligations in commercial leases have featured in a number of recent cases. Denise Marsden takes a close look at one…
Lease renewal – was the lessee entitled to relief?
A lease is more than a contract. It creates an estate in land. Even when a lessee does not follow a renewal process properly or where there are other questions around a renewal right, the Court more often than not finds in favour of the lessee…
Bright Line Test extended from 2 to 5 years
The Bright Line Test was introduced as part of the Taxation Act 2015. It requires income tax to be paid on any gains from residential property that is disposed of within two years of acquisition, subject to some exceptions.,,