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Leases and Natural Disasters

A natural disaster can have devastating effects on business operations. Whether you are a landlord or a tenant under a commercial lease, it is important to obtain legal advice both before you enter into the lease and in the aftermath of a natural disaster. This article considers some of the issues to discuss with your lawyer.

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Be Careful When Transferring Contracts

A number of circumstance may give rise to you wanting to transfer a contract. For instance, you may have sold your business and you want to transfer your customer contracts or purchase contracts to the purchaser of the business.

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What is the role of an attorney appointed under an enduring power of attorney?

When a person appoints an attorney under an enduring power of attorney (“EPA”), the person appointing the attorney must be advised by a lawyer or registered legal executive on the terms and implications of the power of attorney document.There is no requirement for the attorney to receive such advice before he or she signs the power of attorney document.However, it is important that an attorney knows and understands what he or she is taking on when agreeing to be appointed an attorney under an EPA.

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Making your will

A will is one of the most important documents you’ll sign during your lifetime. It’s important that you have one. It’s important also that you have the mental capacity to make one.

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Legal Capacity

When you make or revoke a legal document, for example a will or enduring power of attorney, you have to be mentally capable at the time of signing, otherwise the document will not be valid.

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Reverse Mortgages – A finance option for seniors

Sometimes elderly people who are living happily in their own homes find themselves in a situation where they need a cash injection from an outside source to be able to finance things such as maintenance on the home, replace a motor vehicle, or pay for elective surgery, for example, because they do not have cash available in savings, and they cannot get a loan advance from a regular bank, because they do not have income flow to service the loan repayments.

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Hamilton office

Level 8, KPMG Centre
85 Alexandra Street
Hamilton 3204
Private Bag 3077
Hamilton 3240
New Zealand
DX GP 20015

+64 7 838 2399

Cambridge office

57 Queen Street
PO Box 3
Cambridge 3450
New Zealand
DX GA 27516

+64 7 827 5111

Paeroa office

2 Queen Street
Paeroa 3600
Private Bag 3077
Hamilton 3240
New Zealand

+64 7 862 8803

Matamata office

2 Arawa Street
Cooper Aitken Building
Matamata 3400
Private Bag 3077
Hamilton 3240
New Zealand

+64 7 838 2399
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