by AlexanderDorrington | May 3, 2011 | General property Law, Sale and Purchase
What is CZR? From 1 April 2011 it became compulsory for certain land transactions to be compulsory zero rated (CZR). This means that GST will be charged at the zero percent. The regime will apply to almost all transactions involving land that are made...
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 | 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...
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 | General property Law, Sale and Purchase
Real estate agents have commonly had their own form of tender conditions. The tender conditions were generally similar and most included terms of sale very close to the ADLS/REINZ form of agreement for sale and purchase. A new standard tender form is...