It's almost time for you to complete your purchase, what
else do you need to get organised?
By - 1 Oct 2019
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You've got your deposit, you've found the right property, now a
multi-page document is sitting in front of you and a real estate
agent is asking you to sign. It is imperative that you get in touch
with a lawyer before you enter into an agreement. The best chance
of you negotiating favourable terms is before you
sign. This is even more important if you are planning on buying a
property "off the plans" that has not yet been subdivided or built.
More information about buying off the plans is available in a
previous blog.
By - 10 Sep 2019
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In 2015 the Court of Appeal told landlords they could not
recover the cost of damage caused by their residential tenants
unless it was done intentionally. This was because the Property Law
Act 2007 said that a landlord could not require a tenant to meet
the cost of damage which can be insured against. From 27
August 2019 the Residential Tenancies Act 1986 dictates the law on
this issue.
By Mathew Martin - 28 Aug 2019
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Recent changes made to the Overseas Investment Act 2005
(Act) meant that overseas persons who
are not ordinarily resident in New Zealand will not be able to
acquire residential properties in New Zealand, unless an exemption
applies.
By Steven Lee - 13 Aug 2019
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Not all building projects run smoothly and for one reason
or another, there may be a point where building work is suspended.
Should the building project end up in that position, both parties
to the building contract have obligations and there are a number of
matters to consider.
By Pierce Bedogni - 7 Aug 2019
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Perhaps too little attention is paid by overseas buyers to
the Overseas Investment Act ( Act). A
matter of poor due diligence or sheer ignorance could cost hundreds
of thousands, if not more.
By Steven Lee and Genelle Seah - 29 Jul 2019
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For many people trying to purchase their first home,
getting together a deposit is often a daunting thought that may
seem unattainable. There are, however, a number of resources that
you can tap into to help get you to that ever important point where
you can move from paying your landlord's mortgage to paying your
own.
By - 23 Jul 2019
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When buying off the plans, there are a number of extra
terms and conditions which need considering before signing an
agreement. We discuss a few of these below.
By - 15 Jul 2019
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Your child has found the property of their dreams, but
they are a little short on their deposit so you decide to help them
out. Before transferring the money, it is essential you talk to us
about protecting your contribution.
By - 8 Jul 2019
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Martelli McKegg is pleased to announce its recent
achievement of securing an Exemption Certificate for the Jervois
and Lawrence Apartments development in Herne Bay for the maximum
permissible percentage on 27 June 2019. Steven Lee and his team
supported the developer through the process of the application for
the exemption.
By Steven Lee - 28 Jun 2019
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