by AlexanderDorrington | Feb 15, 2023 | Blog, Commercial property, General property Law, Leasing
If you own a leased property or you are a tenant, take a moment to consider if you are unreasonable! Do you prioritise the right things? This case might make you think… Request The courts were asked to make a declaration relating to a landlord withholding...
by AlexanderDorrington | Jul 8, 2020 | Blog, Business Law, Commercial property, General property Law, Leasing
The Government has finally stepped into the fray of the free market to have a say as to how rent is to be determined between landlords and tenants in the face of Covid-19. On June 4th, a $40 million package was announced. It aims to get landlords and tenants to...
by AlexanderDorrington | May 18, 2020 | Blog, Commercial property, General property Law, Leasing, Uncategorised
A right of renewal and a lease extension may have the same practical effect, however, there is a separate and distinct legal difference between the two. A right of renewal is the tenant’s option to enter into a new lease with the landlord. The landlord does not have a...
by Denise Marsden | Apr 23, 2020 | Commercial property, First time buyers, General property Law, Sale and Purchase
New Zealand will be at Alert Level 3 from Tuesday 28 April. We will hold at Alert Level 3 for 2 weeks, before Cabinet reviews how we are tracking and makes further decisions on 11 May. What will this mean for property settlements? Residential It appears that the...
by Denise Marsden | Apr 2, 2020 | Commercial property, Leasing
2 April 2020 The “no access” clause came about because of the Christchurch earthquakes. Tenants in the red-zone under ADLS leases were not entitled to rent relief when they could not access their properties where there was no physical damage. The market responded. The...
by Denise Marsden | Apr 2, 2020 | Commercial property, General property Law, Sale and Purchase
2 April 2020 As we enter week 2 of lockdown, issues are starting to emerge around property settlements. In an 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...