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 AlexanderDorrington | May 13, 2020 | General property Law, Leasing, Sale and Purchase
New rules for residential tenancies have been introduced as a consequence of the COVID-19 pandemic. These could cause some practical issues, particularly if the owner of a tenanted property is thinking of selling and wants to do so with vacant possession to maximise...
by Denise Marsden | May 12, 2020 | Blog, First time buyers, General property Law, Sale and Purchase
We’re all excited to move to level 2 on Thursday. Nobody more so than those in the midst of selling or buying property. To help prepare and manage risk in these uncertain times, we’ve put together some extra clauses to consider including in agreements for...
by Christine Cechova | Apr 29, 2020 | Blog, Cross-lease, General property Law, Uncategorised
In 2019, the New Zealand Herald ran an article ‘Cross about Cross-lease: battles from the property combat zone’, it featured AlexanderDorrington urging cross-lease property owners to turn their minds to converting their cross-lease titles to fee simple....
by Kylee Carbines | Apr 28, 2020 | General property Law, Sale and Purchase
KiwiSaver – First Home Withdrawal Do you qualify? First home buyers may be entitled to apply for a first home withdrawal to purchase their first house. A first home buyer is an individual who has not owned a house or land before either in New Zealand or...
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...