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 Marina Sardelic | Feb 20, 2023 | Blog, First time buyers, Sale and Purchase
Progressive Home Ownership Helps Kiwis take their first step onto the property ladder Finally buying and moving into your first home is a milestone many Kiwis dream about. Remember, however, that this will likely be the biggest and most important purchase you...
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 | 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 Marina Sardelic | Jul 7, 2021 | Blog, General property Law, Sale and Purchase
The IRD sees consistency as key The historical issue In the past, the IRD had concerns with vendors and purchasers taking differing tax positions on the values allocated to mixed assets in relation to sale and purchase transactions. Especially where Purchase Price...
by Elise Cole | May 24, 2020 | Blog, First time buyers, General property Law, Sale and Purchase
For most people, buying your first home is the single biggest decision they will ever make. It’s no wonder first-home buyers have many questions. Questions are good. You need to be completely comfortable throughout the process. We’ve helped many a nervous...
