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…
Anti-money laundering legislation impacts law firms
Have your ID and proof of address ready for inspection please! Since 1st July you need to jump through a few hoops when you instruct a lawyer. Phase 2 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT) came into play.
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…
What’s it really like to work here?
Although we’re recognized as a leading firm in NZ’s real estate industry, AlexanderDorrington is small and in the past we’ve purposely kept it that way. It’s time to peer behind the glass at what it’s really like inside our company.
Could this be the beginning of the end for cross leases?
Debra Dorrington went along to the Environment Court to listen to a case that will impact significantly on people who own cross lease properties.
Residential investors have your say: government plans ring-fence for rental losses
A government move to reduce property speculation and decrease house prices is gaining momentum with the publication of an IRD issues paper.
New REA website – recommended reading for property newbies
A new website, settled.govt.nz recently launched by the Real Estate Authority (REA), is useful for both buyers and sellers new to the process in NZ.
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.,,
Report from the Property Council AlexanderDorrington Regatta
On Thursday15th March 2018, the sold-out event returned to Auckland’s Waitamata Harbour in its best form yet.
Have your say on changes to the Overseas Investment Act and Residential Development
You will have seen media reports of expected changes to the Overseas Investment Act. They implement the government’s plans to restrict the sale of houses to people who are not New Zealanders. The submission period has been extended and submissions close 16 February 2018, so there’s time to have your say if you would like…
Property Council AlexanderDorrington Regatta 2018
We are pleased to announce the Property Council AlexanderDorrington Regatta is back! The last time we were on the water for this Regatta was 10 years ago. Either bring along your own boat, or borrow one of the boats along with the skipper from the Royal New Zealand Yacht Squadron. The afternoon will include a…
Why you need to get your Will right
Holiday season and a new year gets many of us thinking about those important jobs we need to get to. If you haven’t already made a will; you may want to add this near the top of your list. A will is one of the most important legal documents you ever put in place. However, many people…