by Debra Dorrington | Oct 5, 2017 | Blog, Building, Commercial property, Fresh Business Thinking, General property Law, Sale and Purchase, Subdivisions, Unit Titles
What’s not to love about modern user-friendly legislation? Nearly a year ago the need to set up Incorporated Societies in order to manage communal facilities on a property development, became a thing of the past. Incorporated Societies have their place but they...
by Debra Dorrington | Sep 29, 2015 | General property Law, Sale and Purchase
Next year lawyers will be required to retain tax on sale proceeds and pay the tax straight to the Inland Revenue Department. They will need to do this when: • an off-shore person (some Kiwis will be caught) • sells residential land • they have acquired since...
by Debra Dorrington | Mar 10, 2015 | General property Law, Leasing, Subdivisions, Unit Titles
In the past, proxies were commonly used in the unit title setting. Developers would provide for them in sale contracts. Property managers would include them in leases of serviced apartments. It gave the developers and the managers the opportunity to control...
by Debra Dorrington | Mar 10, 2015 | General property Law
“It’s the death of common sense,” he said leaning on my doorframe, frustration etched on his face. This was the third visit – trying to provide information to the bank suitable to meet anti-money laundering requirements; – so he could get online...
by Debra Dorrington | Oct 13, 2014 | General property Law, Subdivisions
Communal land in residential developments is a common and useful way to expand space available to homeowners, giving them the benefits of land ownership without the same burden. It’s commonplace both in rural areas and increasingly in the urban setting where space is...