Property briefs
In the latest “Property Briefs” article, we highlight two court cases involving property disputes: a right of way driveway easement dispute and a cross-lease redevelopment dispute.
Property
Revised Law Association Agreement for Sale and Purchase of Real Estate
The revised Law Association Agreement for Sale and Purchase features new warranties for building work and unaltered forms, updated finance and OIO conditions, and altered compensation claims.
Structuring your development and considerations for buyers in new subdivisions
Modern developers use residents’ societies, unit titles, or land covenants to manage new subdivisions. We take a closer look at the benefits and challenges of each type of agreement.
An agreement to lease and a deed of lease
Understand the critical differences between an agreement to lease and a deed of lease in New Zealand commercial property, including assignment rights, bank financing requirements, and the importance of formalising day-to-day management obligations.
Caveats
Learn about the legal implications of caveats in New Zealand property law, including how they protect interests, the strict requirements for a “caveatable interest,” and the potential risks of compensation claims for improper registration.
Options to buy a property during a cost of living crisis
Discover alternative property ownership structures in New Zealand to combat high house prices, including parental lending, co-ownership with property sharing agreements, and iwi-based shared equity schemes.
New Zealand’s Resource Management Act overhaul
The RMA is on its way out, set to be replaced by an entirely new resource management system that the government has described as a ‘once-in-a-generation’ reform. The new system will reshape development and environmental decision-making for the foreseeable future.
Property Briefs
Proposed reform to the Overseas Investment Act; Granny flat legislation just passed; No further restrictions on sunset clauses in agreements; Changes to the assessment of earthquake-prone buildings. Find out more in our latest Property Briefs.
Vendor supplied reports/disclosures
The general rule of thumb when you buy a property is that the more information you can find out about the property, the better. We take a closer look.
Rent reviews in commercial leases
Two of the most important considerations for parties to a commercial lease are, ‘What is the annual rent?’ and ‘How and when can the rental amount be reviewed?’ We look at the three main methods of rent review.