Checks for first time buyers of unit title properties

by Elise Cole | Sep 12, 2019 | Blog, First time buyers, General property Law, Unit Titles

There has been a significant increase in the number of unit titles throughout New Zealand. They are a form of ownership that is widely accepted by owners and by bankers alike.  But they have their own idiosyncrasies so it’s worth taking time to understand how they...

A new tool for developers

by Debra Dorrington | Nov 15, 2018 | Blog, Building, Fresh Business Thinking, General property Law, Sale and Purchase, Subdivisions, Unit Titles

It was a big day on 12 November 2018.  You might not have noticed. An act that has underpinned our land transfer system for 60 years was put to bed and the Land Transfer Act 2017 became effective. That change may not impact on you daily, but some things will impact on...

Property developers – should you encourage early nomination?

by Debra Dorrington | Oct 9, 2018 | Blog, Building, General property Law, Sale and Purchase, Unit Titles

Are you a property developer mid-way through your apartment build?   Have you decided not to apply for an exemption to the new OIO requirements (and save the $25,500 fee)?   You might want to consider encouraging your buyers to nominate this month.  This is...

The Overseas Investment Amendment Act 2018

by Denise Marsden | Oct 1, 2018 | Blog, Building, Fresh Business Thinking, General property Law, Sale and Purchase, Subdivisions, Unit Titles

We review the imminent law change from a residential property developers’ viewpoint. Sale of residential land in NZ to overseas persons From 22 October 2018, the sale of residential land in New Zealand to an overseas person will require consent from the Overseas...

Could this be the beginning of the end for cross leases?

by Debra Dorrington | May 3, 2018 | Blog, Cross-lease, General property Law, Subdivisions, Uncategorised, Unit Titles

I went to the Environment Court last week; mainly out of curiosity. A case was being heard that will impact significantly on people who own cross lease properties. It was an application to the Environment Court for a decision on whether a cross lease conversion to a...

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...