The Overseas Investment Act (
OIA) modifications removed the ability for
most foreigners to own New Zealand residential land. The changes
impact any interest in residential land acquired from 22 October
2018 onwards. Although there are a few exemptions from the new
restrictions, they are limited. Several years later and
we still see misunderstanding about the OIA
restrictions.
By Lee Harris - 22 Feb 2022
read article
Caveats are a useful tool for protecting your interest in
a property. Once you register a caveat on a property, it prevents
the property owner from selling and notifies the public that there
is another interest in the land.
By Kiren Narayan - 17 Feb 2022
read article
Sunset clauses are conditions included in agreements to
provide purchasers, and sometimes vendors, the ability to cancel an
agreement by notice if a specific event has not occurred by a
certain date (i.e. the sunset date).
By Eesha Karamchandani and Gaanesh Seger - 10 Feb 2022
read article
Angus Rogers retires as a lawyer on 24 December this year
after working in legal offices for over 50 years. So much has
changed in that time.
By Melissa Higham - 22 Dec 2021
read article
The COVID-19 Response (Further Management Measures) Legislation
Bill obtained Royal assent on 2 November 2021 and the COVID-19
Response (Management Measures) Legislation Act 2021
(Act) is now in force.
The Act makes amendments to various matters arising from the
Covid-19 Pandemic, however the purpose of this summary is to
discuss the changes relating to the Property Law Act 2007
(PLA).
By Vanessa Dew and Andrea White - 7 Nov 2021
read article
We are delighted to announce that Jacque has today been elected as the
next President of the New Zealand Law Society.
By Mike Worsnop - 15 Oct 2021
read article
Both landlords and tenants were surprised by the
Government's sudden announcement that it had introduced changes to
help ease the impacts of COVID-19 restrictions on both commercial
and residential tenancies, to take effect from 28 September 2021.
The changes to commercial tenancies had been foreshadowed last year
but did not become law.
By Andrea White - 30 Sep 2021
read article
As we start our first day of lockdown, many employers will
be wondering whether or not they need to pay employees who cannot
work during lockdown. Last lockdown there was no clear authority on
this point, however the Employment Court decision, Gate
Gourmet New Zealand Limited v Sandhu clarifies the
situation somewhat.
By Claire Mansell - 17 Aug 2021
read article
If you are a property trader in the business of buying and
selling properties (or aspiring to be a property trader), or if
you've bought a property and your circumstances have changed, then
there are a number of things you can do to lower your
risks.
By Eesha Karamchandani - 31 Jul 2021
read article
We extend a very warm welcome to our newest member of staff, Eesha
Karamchandani. Eesha specialises in property, corporate and
commercial financing law.
By Steven Lee - 2 Jun 2021
read article