by Christine Cechova | Oct 7, 2021 | Blog, Building, Unit Titles
When undertaking a major unit title redevelopment, you must first obtain the consent of all owners materially affected by the redevelopment. Then pass a special resolution (designated resolution) agreeing to the new unit plan (section 68(3) of the Unit Titles Act 2010...
by AlexanderDorrington | Nov 11, 2019 | Blog, Sale and Purchase, Unit Titles
Following the publication of this article, the 10th Edition 2019 Agreement for Sale and Purchase of Real Estate has been issued. Please see Denise Marsden’s article for considerations around the warranty provisions. Are you considering selling a unit...
by Elise Cole | Sep 12, 2019 | Blog, First time buyers, General property Law, Unit Titles
There has been a significant increase in the number of unit titles throughout New Zealand. They are a form of ownership that is widely accepted by owners and by bankers alike. But they have their own idiosyncrasies so it’s worth taking time to understand how they...
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 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 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...
