Purchasing a property with family or friends? Here are some things to consider With the rise in house prices in New Zealand (according to REINZ median house prices across NZ rose by 24.3 % from March 2020 to March 2021) people are increasingly looking to purchase properties with people they are not in a marriage […]
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It is not uncommon to find land covenants registered on Records of Title in New Zealand, particularly in new subdivisions. If you are interested in buying a property that is subject to land covenants here are some key points to consider: What is a land covenant? What is a covenant in gross? There are two […]
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If you’re thinking of building from scratch, either with a house and land package or you’re buying a section, it pays to research and conduct due diligence which could end up saving you time, money, stress, and heartache. Whether it’s a dream home you’re planning or a family bach, the details are important to get […]
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With the exciting news that Invercargill’s inner city redevelopment is going ahead, it’s likely we will see an increase in commercial leasing activity in the city. If you are considering leasing your commercial property or looking to lease one as a tenant, then understanding the difference between some of the documents you’re likely to come […]
Employees hours are governed by the arrangement provided within their individual employment agreement. To reduce an employee’s hours (including migrant employees) on a regular basis would require a written variation to the terms of the employment agreement. Processes for variations are generally dealt with within the employment agreement itself. Reducing hours for migrants on Essential […]
When considering buying property, you may hear the term ‘easement’. An easement is a legal instrument that gives someone rights to use another person’s land in some specified way. Under the Land Transfer Act 2017 the terms around easements have been modernised, but the fundamental principles around easements remain unchanged. The new terms emphasise the […]
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Are you moving out of town or sending goods anytime soon? If the answer to this question is yes, you may want some insight as to what happens if your goods get damaged during freight and what you can do about it. Are you covered? The Contract and Commercial Law Act 2017 governs the various […]
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The number of retirement villages is only likely to increase to accommodate our ageing population. Retirement villages are an attractive option because they can offer a good balance between living independently and having access to support and healthcare. Villages comprise independent living options in a townhouse, villa or apartment, and (as needs increase) serviced apartments, […]
Buying and selling property has generated substantial income for many New Zealanders – especially in today’s booming housing market. If you buy residential property with the intention of selling and making a profit, that profit has always been taxable. But the Government has now added another layer to this subjective test of intention known as […]