by Denise Marsden | Nov 21, 2018 | Blog, General property Law, Sale and Purchase
The Overseas Investment Act 2005 provides that a transaction needs consent when there is an overseas investment in sensitive land. What is sensitive land? Which type of property transactions are caught? What types of property transactions are caught? A transaction...
by Debra Dorrington | Nov 15, 2018 | Blog, Building, Fresh Business Thinking, General property Law, Sale and Purchase, Subdivisions, Unit Titles
It was a big day on 12 November 2018. You might not have noticed. An act that has underpinned our land transfer system for 60 years was put to bed and the Land Transfer Act 2017 became effective. That change may not impact on you daily, but some things will impact on...
by Denise Marsden | Nov 5, 2018 | General property Law, Sale and Purchase, Uncategorised
In light of the changes to the Overseas Investment Act 2005, there has been a lot of discussion about who cannot buy residential land in NZ now. To look at it another way, I have considered who can buy residential land in NZ without consent. So, who can buy...
by Debra Dorrington | Oct 10, 2018 | Blog, Cross-lease, General property Law, Subdivisions
How interesting. Two recent court decisions each considered something that looked like a subdivision and asked whether it really was. Both involved common ownership. Both involved exclusive use areas. Environment Court One was the result of a unilateral...
by AlexanderDorrington | Oct 10, 2018 | Blog, Cross-lease, General property Law, Subdivisions
The decision of Re Mckay [2018] NZEnvC 180 has been released. Don McKay sought a declaration from the court that the conversion of a cross lease to fee simple was not a subdivision. That would mean resource consent would not be required. Debra Dorrington discussed the...
by Debra Dorrington | Oct 9, 2018 | Blog, Building, General property Law, Sale and Purchase, Unit Titles
Are you a property developer mid-way through your apartment build? Have you decided not to apply for an exemption to the new OIO requirements (and save the $25,500 fee)? You might want to consider encouraging your buyers to nominate this month. This is...
