Date: 12 April 2019 Sector Property
The Overseas Investment Amendment Act 2018, which is set to bring significant changes to the Overseas Investment Act 2005, will come into force on 22 October 2018. This means that any agreement for sale and purchase of real estate signed on or after this date will be subject to the Act’s new restrictions and requirements.
Date: 19 October 2018 Sector Property
In November this year, the Land Transfer Act 2017 (“LTA”) will replace the Land Transfer Act 1952. One of the changes in the LTA will be to allow the registration of covenants “in gross” against the title to a property. This will be a change welcomed by lawyers, banks and their clients.
Date: 03 September 2018 Sector Property
Before you purchase a property, it is important to check the title to the property to see if there are any land covenants registered. The land covenants may contain restrictions, for example, on what you can build on the property and how you may use the property.
Date: 02 July 2018 Sector Property
If you have a legal interest in a property, you must take all steps necessary to prevent the trees on that property from causing damage to your neighbour’s property. Importantly, this responsibility also extends to forces of nature operating on the landowner’s property, such as the growth of tree roots beneath the surface of the ground.
Date: 10 November 2017 Sector Property
Are you looking for a home and thinking about paying for a house on land owned by a friend or family member? This article provides a brief summary of the important legal issues you need to consider if you are planning such an arrangement.
Date: 28 August 2017 Sector Property
If you own land, there will be a certificate of title which will prove your ownership of that land. The certificate of title will set out the type of land that you own and any restrictions, rights or interests. This article provides a very simple overview of what a certificate of title is and explains four different types of certificates of title.
Date: 17 May 2017 Sector Property
Buying a property can be stressful, whether it’s your first home or a new investment property for your portfolio. As lawyers, we want to make that process as smooth as possible. This article will give you the information you need, to help us, to help you.
Date: 15 May 2018 Sector Property
If you are considering purchasing an apartment or a unit which is built on the same piece of land as other units, then it is probable that the title to the property will be a “unit title”. This article explains what a unit title is and issues to be aware of when purchasing a unit title.
Date: 22 May 2019 Sector Property
If you are considering purchasing a cross lease property, then it is important to understand what the term “cross lease” means, and what the issues are when purchasing a cross lease property. This article provides an explanation of what a cross lease property is, an overview of cross lease terms, and issues regarding insurance.
Date: 04 December 2015 Sector Property
If you have ever considered buying property, you may have heard the term “easement”. Before buying property, it is crucial to search the title of that property, to ensure you are happy with the terms of any easements.
Date: 13 November 2013 Sector Property
Unit title developments are an increasingly common form of property ownership within New Zealand. If you are considering purchasing a unit title property, it is important that you understand how unit titles operate. This article outlines some of the important issues you will need to consider.
Date: 29 October 2013 Sector Property
Land ownership continues to be an important goal for many New Zealanders. It promises freedom and independence and can be a symbol of material success. It is easy to forget that land owners do not enjoy complete freedom over their land.
There are a number of laws that restrict how land...
Date: 29 March 2010 Sector Property