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...
by Denise Marsden | Apr 29, 2023 | Blog, Building, Sale and Purchase, Unit Titles
Developers – Unit Titles Act changes on 9 May 2023 Get ready, here’s a rundown of the changes: If you are currently selling units, either off the plan or completed, then make sure you are across Unit Titles Act changes from 9 May 2023. The key things to be...
by AlexanderDorrington | Sep 22, 2022 | Blog, Building, Sale and Purchase, Subdivisions
What is it and why would you need one? A sunset clause is a clause in a contract that allows a party to cancel once a specific date has been reached, known as the sunset date. Although they are a common topic, a sunset clause can actually exist in a couple of...
by AlexanderDorrington | Oct 7, 2021 | Blog, Building, Unit Titles
When undertaking a major unit title redevelopment, you must first obtain the consent of all owners materially affected by the redevelopment. Then pass a special resolution (designated resolution) agreeing to the new unit plan (section 68(3) of the Unit Titles Act 2010...
by AlexanderDorrington | Jul 11, 2021 | Blog, Building, General property Law, Sale and Purchase
In March 2021, the Government announced two law changes: Residential property investors are now prevented from writing off interest as an expense when paying tax; and The bright-line test was extended from five to ten years, so that investors who buy and sell...
by Rachael Stevenson | Nov 26, 2019 | Blog, Building, First time buyers, Sale and Purchase, Uncategorised
Elise Brooks is AlexanderDorrington’s youngest Legal Executive, although she has worked in property law for over five years. After saving and researching the market, the time was right for Elise and her partner to jump on the property ladder. She felt pretty...
