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.
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.
Building a new home can be exciting, as well as being rather daunting. Stories abound of disappointments and building hassles.
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.
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.
Have you ever signed an Agreement for Sale & Purchase without first giving it to your lawyer to consider?
Leasing a farm, an orchard or cropping land is becoming more common and has attractions for both the land owner and the tenant farmer.
The Law Commission has recently made recommendations for a proposed new Land Transfer Act to replace the current Land Transfer Act 1952.
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.
When buying property it is important to consider the type of ownership that is appropriate for your particular circumstances.