by Denise Marsden | May 31, 2011 | General property Law, Unit Titles
Many agreements being signed now will be subject to the new seller’s disclosure regime. Agreements for sale and purchase for a unit title property will be subject to the new disclosure regime if entered into before 20 June with settlement after 27 June 2011. ...
by Debra Dorrington | May 12, 2011 | General property Law, Unit Titles
Unit entitlements In the past all body corporate levies have been assessed on unit entitlements. Because unit entitlements are based on value, historically different owners using the same facilities could be required to contribute to costs to differing...
by Debra Dorrington | May 3, 2011 | General property Law, Subdivisions, Unit Titles
Unit Titles Act 2010 Developers and Disclosure The impact of the Unit Titles Act 2010 on developers Disclosure requirements in general are introduced in a previous blog. What follows is an analysis of the specific implications for developers and the additional...
by AlexanderDorrington | Apr 29, 2011 | General property Law, Unit Titles
Here is a recent newspaper article discussing layered developments under the Unit Titles Act. Debra Dorrington (If you would like to hear when our next webinar on The Unit Titles Act 2010 will be, go to www.alexanderdorrington.co.nz/webinars)...
by AlexanderDorrington | Mar 25, 2011 | General property Law, Unit Titles
The start date for the new Unit Titles Act draws ever closer but remains unknown. We are still waiting on regulations that are needed to make the Act workable. The NZ Law Society was recently involved in discussions with the Department of Building and...
by AlexanderDorrington | Mar 25, 2011 | Unit Titles
We have written previously about body corporate rules considered ultra vires by the Courts. Contracts entered into beyond the powers conferred by the body corporate rules will be void and unenforceable. On 21 February 2011 the High Court gave its judgement...