Bankruptcy is often considered as the only option when creditors are banging down the door. However, there are several other options available to individuals that should be considered first. Implementation of an alternative could avoid the serious consequences that follow bankruptcy. In this article, we set out the criteria and consequences of insolvency options for individuals.
Before you start on your tiny house project it is important to understand what a tiny house is and whether your tiny house will pass muster. This article discusses the two recent decisions about tiny houses in New Zealand and explains what factors you need to consider before you start your tiny house project.
Further to our first article in this series which provided an overview of the Waikato Regional Plan Change 1, this second article expands on the PC1 rules and explains how they are likely to impact on farming activities around the region.
As you may know that on 22 April, Waikato Regional Council has notified its decision on the Proposed Waikato Regional Plan Change 1 for the Waikato and Waipa River Catchments. The article below provides an overview about the Plan Change 1, new rules and its effect on farming activities.
Buying a house is one of the biggest purchases you will ever make, so it is important to be protected. Too often we see sale and purchase agreements in our offices that leave potential buyer’s stuck purchasing a home that…
Enduring powers of attorney are an important step in ensuring your personal affairs are in order. Having signed documents in place gives you and your family certainty as to who will look after you and your assets if you cannot. This article discusses the importance of signing enduring powers of attorney and what happens if a person becomes mentally incapable without them.
This is not the first time in our history that the government has looked to kick-start the economy with large infrastructure, job-creation projects. There are some lessons to be learned from the past: perhaps we need to take just a little time and accept some community input in order to get it right!
Cabinet has now approved an initiative to fast-track approval of resource consents for large-scale infrastructure and development projects. The change is designed as a short-term intervention to help with the economic recovery from Covid-19. In this article we discuss the key features of the streamlined process.
Further restrictions on Landlord and Mortgagees’ rights have been announced and although those changes are still to be enacted it has been indicated they will apply retrospectively. In this article, we set out the proposed changes to the Property Law Act 2007 which will extend the time periods for compliance with a default. Updated 31 July 2023
Purchasing a property with other people requires careful consideration and completing a property sharing agreement when you purchase a property can minimise problems in the future. Parties are often on the best of terms initially, but with any shared ownership, disputes can occur later. Completing a property sharing agreement where all owners record their expectations in relation to ownership and use of the property can be invaluable.