by Denise Marsden | Apr 2, 2020 | Commercial property, Leasing
2 April 2020 The “no access” clause came about because of the Christchurch earthquakes. Tenants in the red-zone under ADLS leases were not entitled to rent relief when they could not access their properties where there was no physical damage. The market responded. 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:...
