Property

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Get a Building Report when you’re buying a new house

For many of us, buying a home is the largest purchase we will ever make. That’s why spending a few hundred dollars on a pre-purchase building report is so important as it can save you hundreds, maybe thousands, of dollars in years to come.

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Rent Reviews

Changes to the standard form of the Auckland District Law Society (ADLS) Deed of Lease now make it possible for landlords to review the annual rent payable by either a market rent review or a Consumer Price Index (CPI) rent review.

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Residential Building Contracts: Homework is important when building

Building a new home can be exciting, as well as being rather daunting. Stories abound of disappointments and building hassles.

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Making alterations to your dwelling on a cross lease title

If your alteration is structural but non-load bearing, you’ll need consent from the other flat owners. This could include moving internal doors or partitions.

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Finance Conditions for Sale & Purchase Agreements

With the standard ADLS/REINZ Agreement for Sale & Purchase containing a ‘subject to finance’ condition, a purchaser must do all things reasonably necessary to arrange finance on or before the finance date.

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The ‘Solicitor’s Approval’ Clause

Have you ever signed an Agreement for Sale & Purchase without first giving it to your lawyer to consider?

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Leasing the Farm

Leasing a farm, an orchard or cropping land is becoming more common and has attractions for both the land owner and the tenant farmer.

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Encumbrances: What does the future hold?

The Law Commission has recently made recommendations for a proposed new Land Transfer Act to replace the current Land Transfer Act 1952.

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Landlocked Land

Here are three useful updates about topics covered in previous articles: using your Kiwisaver funds to buy your first home, buying homes in a multi offer scenario, and grants for insulation for rental properties. These are particularly relevant if you’re buying your first home, selling a property in a buoyant market, or a landlord.

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Tenants in Common versus Joint Tenancy

When buying property it is important to consider the type of ownership that is appropriate for your particular circumstances.