September 2024 For many people, buying a property is one of the biggest investments they make in their lifetime. There are many potential risks when purchasing a property which can be mitigated as follows: Step 1: Have your lawyer review the Agreement for Sale and Purchase before signing Your lawyer can ensure the Agreement reflects… Read More.
June 2024 It is recommended that all purchasers invest in a Land Information Memorandum (LIM Report) as part of their investigations into a property that they are interested in purchasing. So, what is it? A LIM Report provides a summary of the information that the local council currently holds relating to the property itself as… Read More.
December 2023 Build to Rent (BTR) developments are larger scale multi-unit communities, purpose built for long-term rentals. They are usually characterised by higher quality, durable materials, extra amenities for tenants, proximity to other services (often accessed without a car), long-term tenancies, and more options for tenants to personalise their exclusive areas. An attractive proposition for… Read More.
September 2023 Signing a commercial lease is a step most businesses will have to take. The lease sets out the terms and conditions under which the tenant will occupy a commercial property. This article outlines a number of essential factors a prospective tenant should consider when evaluating and negotiating a commercial lease in New Zealand.… Read More.
June 2022 Nuts & Bolts The agreement An ‘off the plans’ agreement will be for a specific house or apartment in a development. An agreement can include conditions such as the purchaser arranging suitable finance and doing due diligence. If someone is considering purchasing a property ‘off the plans’ they should get a lawyer to… Read More.
March 2022 The Resource Management (Enabling Housing Supply and Other Matters) Amendment Bill which seeks to rapidly accelerate the supply of housing in urban areas has been passed into law. From August 2022, councils will be forced to allow townhouses of up to three storeys with up to three dwellings on almost all residential sites… Read More.
March 2022 What is it? Buying a property that has not yet been built, or is in the process of being built, is commonly called buying ‘off the plans’. There are quite a few differences compared to buying a property that already exists. Buying off the plans is often a way to buy into a… Read More.
November 2021 For a number of clients subdividing off part of their land is a successful formula for reducing their debt but there’s not one of them that steps back from the process and says ‘wow, that was easy…’. It’s not that the process is difficult, it’s just that there are a few steps involved… Read More.