On 5th August 2020, the Residential Tenancies Amendment Bill passed its 3rd reading in the House and will come into effect as the Residential Tenancies Amendment Act 2020 after Royal Assent. Although the majority of changes will only kick in after a six-month period, giving time for tenants and landlords to be aware of their new obligations and rights. The Act will have a direct impact on both tenants and landlords.
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. Angela Barnett explains.
Insider knowledge: Christine Cechova looks at three consistent themes which seem to make the cross-lease conversions we have completed easier.
In the first of a series of four asset planning articles, Angela Mills takes a humorous look at Trusts from a personal perspective. Using her time in lockdown to fix the proverbial leaky tap in the plumber’s house.
Debra Dorrington has stepped down as a director and owner of AlexanderDorrington. Her resignation was effective from 31 March 2020. She will continue to work in the business supporting the directors in the short term.
To help other first-time buyers, we asked our Legal Exec, Elise Brooks, what she wished she had known before embarking on her purchase.
On 20th November Debra Dorrington will set off from Cape Reinga and walk all the way to Bluff, passing through nine distinct regions on the way. She will walk the Te Araroa Trail, New Zealand’s premier long-distance hike, stretching 3,000 km across both islands.
The Residential Tenancies Amendment Bill (No 2) is currently before Parliament. Christine Cechova looks at the amendments and considers the potential effects on tenants and landlords. The rental landscape as we know it is shifting.
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. Denise Marsden looks at it another way, considering who can buy residential land in NZ without consent.
We recently assisted Reagen to take up a scholarship with Outward Bound NZ. The organisation helps people see their full potential through outdoor challenge and adventure – it is not for the fainthearted!
Don’t assume converting your cross-lease title will be a complicated and expensive task. With the right people engaged to carry out the work, you can save a lot of time, money and unnecessary administration.
Since January 2005, we’ve worked with Duffy Books in Homes to provide something most children would take for granted – books. We support three schools in the far north of New Zealand, Te Horo, Te Hapua and Tautoro.