Residential investors have your say: government plans ring-fence for rental losses

by Rachael Stevenson | Apr 30, 2018 | Blog, General property Law, Leasing

In her recent blog Denise Marsden discussed the extension of the bright line test for residential land. Now another government move to reduce property speculation and decrease house prices is gaining momentum with the publication of an IRD issues paper. Proposed...

New REA website – recommended reading for property newbies

by Debra Dorrington | Apr 10, 2018 | Blog, General property Law

The Real Estate Authority (REA) recently launched a new website: settled.govt.nz.  It provides information useful for both property buyers and sellers new to the process in New Zealand. Written for the residential market, it takes an independent look at property...

Bright Line Test extended from 2 to 5 years

by Denise Marsden | Apr 3, 2018 | Blog, General property Law, Sale and Purchase

NEW LEGISLATION: A new bill has been passed extending the ”Bright Line Test” for residential land to 5 years. The Bright Line Test was introduced as part of the Taxation Act 2015. It requires income tax to be paid on any gains from residential property that is...

Have your say on changes to the Overseas Investment Act and Residential Development

by Denise Marsden | Feb 12, 2018 | Blog, General property Law, Sale and Purchase

You will have seen media reports of expected changes to the Overseas Investment Act. They implement the government’s plans to restrict the sale of houses to people who are not New Zealanders. The submission period has been extended and submissions close 16 February...

Why you need to get your Will right

by Monique Mackie | Dec 14, 2017 | Blog, General property Law, Trusts

Holiday season and a new year gets many of us thinking about those important jobs we need to get to. If you haven’t already made a will; you may want to add this near the top of your list.   A will is one of the most important legal documents you ever put...

Settling SugarTree – a large apartment sell down

by Bonnie Prior | Nov 17, 2017 | Blog, Building, Commercial property, General property Law, Sale and Purchase, Unit Titles

[dt_gap height=”10″ /] https://www.alexanderdorrington.co.nz/wp-content/uploads/SugarTree-settlement-day.mp4 Time lapse video of our office on settlement day.   Bonnie Warburton’s behind the scenes glimpse at five crazy days.   Attempting to...