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HUD Residential Development Underwrite

by Denise Marsden | Oct 30, 2024 | Blog, Building, Fresh Business Thinking, General property Law, Sale and Purchase, Subdivisions

Te Tūāpapa Kura Kāinga – The Ministry of Housing and Urban Development (HUD)’s Residential Development Underwrite has been of interest.   Here are some key points to keep in mind: 1. The underwrite is time-limited The underwrite is to help maintain capacity and...
The Sunset Clause

The Sunset Clause

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...

A new tool for developers

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...

It looks like a subdivision but is it?

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...

Do you need resource consent to convert cross leases to fee simple?

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...

The Overseas Investment Amendment Act 2018

by Denise Marsden | Oct 1, 2018 | Blog, Building, Fresh Business Thinking, General property Law, Sale and Purchase, Subdivisions, Unit Titles

We review the imminent law change from a residential property developers’ viewpoint. Sale of residential land in NZ to overseas persons From 22 October 2018, the sale of residential land in New Zealand to an overseas person will require consent from the Overseas...
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