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HUD Residential Development Underwrite

by Denise Marsden | Oct 30, 2024 | Blog, Building, Fresh Business Thinking, General property Law, Sale and Purchase, Subdivisions

Te Tūāpapa Kura Kāinga – The Ministry of Housing and Urban Development (HUD)’s Residential Development Underwrite has been of interest.   Here are some key points to keep in mind: 1. The underwrite is time-limited The underwrite is to help maintain capacity and...
6 things to consider before jumping into a commercial sublease

6 things to consider before jumping into a commercial sublease

by Mike Kitto | Oct 22, 2024 | Blog, Business Law, Commercial property, General property Law, Leasing

In this article, we share some practical tips to help commercial landlords and tenants and useful information relating to subleases. Some points will act as a refresher while others will hopefully provide something new to ponder.   1.  The maximum sublease term...
Residents’ Associations and Townhouses

Residents’ Associations and Townhouses

by Denise Marsden | Oct 21, 2024 | Blog, General property Law, Sale and Purchase, Unit Titles

Townhouses comprise 60% of the new houses consented in Auckland but what is the best way for the owners’ shared amenity and obligation to be managed from a legal point of view? Auckland’s Economic Quarterly, 2024 2nd Quarter, recently published by the Chief...
Do you still need a family trust?

Do you still need a family trust?

by Monique Mackie | Oct 21, 2024 | Blog, Personal asset planning, Trusts

Retaining your family trust could be important   With the recent increase in the trustee tax rate to 39% and changes introduced by the new Trusts Act, some clients have questioned whether they still need a family trust.  The answer is not a “one size fits all”...
Misrepresentation in Residential Sale and Purchase Transactions

Misrepresentation in Residential Sale and Purchase Transactions

by Ben Eagleson | Sep 25, 2024 | Blog, General property Law, Sale and Purchase

When something goes wrong with a residential sale and purchase misrepresentation is often alleged.   What is misrepresentation in legal terms? The most common form of misrepresentation occurs when one party makes a statement that later turns out to be untrue....
Changes to the Unit Titles Act 2010

Changes to the Unit Titles Act 2010

by Estelle Thorpe | Sep 24, 2024 | Blog, General property Law, Sale and Purchase, Unit Titles

The Unit Titles (Strengthening Body Corporate Governance and Other Matters) Amendment Act 2022 became law on 9 May 2022.  The Unit Titles Amendment Regulations 2024 came into force on 9 May 2024. These changes to the Act have strengthened governance arrangements...
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