by AlexanderDorrington | Mar 18, 2019 | General property Law, Sale and Purchase, Trusts
Last week alone I received four instructions where children were providing financial support to their ageing parents. This was a surprise because my instructions are usually from parents helping children buy their first home, due to the high house prices. ...
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 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...
by AlexanderDorrington | Oct 3, 2018 | General property Law, Sale and Purchase
If the certificate of title for your property is “limited as to parcels” it means that the area and boundaries of your land are not correctly defined or guaranteed. There are two possible reasons for this. The surveyor’s plan may have had insufficient...
