A development contribution is a one-off charge imposed on new developments as a contribution to any growth-related costs relating to infrastructure required for the development. The reason that these are imposed is commonly to contribute to a cities long-term growth.
In New Zealand, the process of purchasing land can involve different types of agreements, and two common methods are tender agreements and auction agreements. Set out in this article are the key differences between the two.
Are you or your loved one thinking of moving into a retirement village? Moving into a retirement village is a big life decision – is the move right for you? This article outlines some key things to consider before making your next big life decision.
It is usual to assume that the garage on your property has been built entirely within the boundaries of the property. However, this may not be the case. This article explains what a boundary encroachment is and what you can do if a building or fence is located over the boundary.
If you are thinking of selling your property you need to carefully consider the warranties in the agreement for sale and purchase.
Wanting to develop but there doesn’t seem to be infrastructure available? A development agreement is a useful tool to assist in timeframes and obligations between development and the local authority.
Changes to the Property Law Act mean that tenants may now be able to claim a rent abatement even when the lease agreement does not provide for this. In this article we set out the changes and what it means for landlords and tenants.
Changes are coming to help with housing developments under the Resource Management Act.
Kiwisaver can be a great cash injection for your first home purchase. However many purchasers aren’t sure how the process works, resulting in frustration, delays and even not being able to access your Kiwisaver fund. This article explores how Kiwisaver works in practice and what you need to know.
Land covenants that last – a brief review of attempts to modify land covenants There are circumstances where an owner of property has (or would have but for a settlement reached) been able to modify a land covenant using the provisions of s317(1) of the Property Law Act 2007 (PLA). In most instances, if you have a land covenant registered against the title to your property, it is there forever and cannot be modified or extinguished. This article looks at cases attempting to modify land covenants.