by Estelle Thorpe | Sep 24, 2024 | Blog, General property Law, Sale and Purchase, Unit Titles
The Unit Titles (Strengthening Body Corporate Governance and Other Matters) Amendment Act 2022 became law on 9 May 2022. The Unit Titles Amendment Regulations 2024 came into force on 9 May 2024. These changes to the Act have strengthened governance arrangements...
by AlexanderDorrington | Jun 22, 2022 | Blog, Business Law, Cause related, Fresh Business Thinking
The Incorporated Societies Act 2022 (“new Act”) gained royal assent in April 2022. The Act replaces the deficient Incorporated Societies Act 1908 (“1908 Act”), which was no longer fit for purpose. In the century since the passing of the 1908 Act, incorporated...
by Denise Marsden | Nov 5, 2018 | General property Law, Sale and Purchase, Uncategorised
In light of the changes to the Overseas Investment Act 2005, there has been a lot of discussion about who cannot buy residential land in NZ now. To look at it another way, I have considered who can buy residential land in NZ without consent. So, who can buy...
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...
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...
