What we do for youWe are often asked by clients “What is it you do for us when buying and selling property” or “can you explain the process”.Our preferenceOur preference is to become involved in your transaction from the moment you first think about buying or selling or both. That way, if yo...
Siblings and Other Relatives Purchasing Property Together In our Autumn 2016 and Winter 2016 editions, we discussed some of the issues that arise in circumstances where parents lend money to their adult children to assist them with the purchase of a property and when elderly parents move in to live...
What we do for you With house prices rising, it becomes exceedingly difficult for first time home buyers to purchase their first home. More often than not the need arise for parents to guarantee their children’s lending to assist them in obtaining a deposit or mortgage advance. This of course is n...
Should you consider having a property tested for P contamination prior to purchase?The use of Methamphetamine or “P” is a well-known issue in New Zealand. In 2001, New Zealand and Australia combined had one of the highest levels of usage in the world at 3.4% of the population. Although New Zeala...
On 1st October 2015, a new law was introduced where all parties to transaction that includes a transfer of land or an interest in land have to complete a Land Transfer Tax Statement as part of the registration process. The only exemption to completing a Land Transfer Tax Statement is if the transfer...
What you need to know If you are selling your lifestyle property or holiday home in New Zealand to an overseas buyer, there may be requirements that need to be met before the sale can proceed. Under the Overseas Investment Act 2005 (“the Act”), consent is required if the overseas buyer is an “...
The Health and Safety at Work Act 2015 The new Health and Safety at Work Act 2015 came into force on 4 April 2016, bringing with it a raft of changes to the country’s health and safety regime. This article examines an issue that has escaped much of the public debate around the Act to date, namely,...
What you need to know The Building Act 2004 (“the Act”) was amended with effect from 1 January 2015 bringing about sweeping consumer protection changes. It has been almost 18 months since the Act was amended and we are still seeing people (both building contractors and residential homeowners) wh...
The Construction Contracts Act 2002 (“CCA”) governs cashflow and dispute resolution under construction contracts. There have recently been amendments passed to this Act, and there are some important changes to be aware of, and a three stage implementation of the changes. The amendments do not ap...
Elderly parents moving in with children In our Autumn 2016 edition, we outlined some of the issues that need to be considered in situations where parents lend money to assist their adult children in the purchase of a property. In this article, we discuss some of the issues that can arise in family p...