by Kylee Carbines | Apr 28, 2020 | General property Law, Sale and Purchase
KiwiSaver – First Home Withdrawal Do you qualify? First home buyers may be entitled to apply for a first home withdrawal to purchase their first house. A first home buyer is an individual who has not owned a house or land before either in New Zealand or...
by Denise Marsden | Apr 23, 2020 | Commercial property, First time buyers, General property Law, Sale and Purchase
New Zealand will be at Alert Level 3 from Tuesday 28 April. We will hold at Alert Level 3 for 2 weeks, before Cabinet reviews how we are tracking and makes further decisions on 11 May. What will this mean for property settlements? Residential It appears that the...
by Denise Marsden | Apr 2, 2020 | Commercial property, General property Law, Sale and Purchase
2 April 2020 As we enter week 2 of lockdown, issues are starting to emerge around property settlements. In an NZLS webinar, this morning it was noted there are thought to be 5800 settlements impacted. A number of settlements are delayed until we return to COVID-19...
by Denise Marsden | Mar 25, 2020 | Blog, Business Law, Fresh Business Thinking, General property Law
Are scheduled obligations deferred during the COVID-19 Level 4 lockdown? To determine this we must refer to the legal definition of ‘Working Day’ and how this might impact on the parties to an agreement. We reviewed some of the key pieces of legislation:...
by Denise Marsden | Dec 4, 2019 | Blog, General property Law, Sale and Purchase
A new 10th Edition REINZ/ADLS Form of Agreement for Sale and Purchase of Real Estate issues to real estate agents at the end of the week. Any existing signed agreements are not affected by this change. Just new agreements that are put in place on the new 10th edition...
by AlexanderDorrington | Oct 17, 2019 | Blog, Building, General property Law
Building law reform comes in waves in New Zealand, and it appears that a set is forming. In April 2019, MBIE released a comprehensive discussion paper that proposed radical reforms to the building industry. This came in response to a growing sentiment that the...