by Denise Marsden | Nov 21, 2018 | Blog, General property Law, Sale and Purchase
The Overseas Investment Act 2005 provides that a transaction needs consent when there is an overseas investment in sensitive land. What is sensitive land? Which type of property transactions are caught? What types of property transactions are caught? A transaction...
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...
