On 17 May 2015 the Government announced a new bright-line test with the purpose of taxing gains made from residential property sold within 2 years of purchase. The test will…
Being a guarantor will negatively impact on your own finances. Before agreeing to become a guarantor for a loan, it is vitally important to understand what you are committing yourself…
Mortgagee Sale – Good investment or too good to be true?
With the number of mortgagee sales increasing in 2012 we take a look at some of the risks involved with purchasing a property through a Mortgagee sale. A number of…
From time to time State and Local Body agencies need to acquire privately owned land. The process for doing this is set out in the Public Works Act 1981 and…
The importance of obtaining a Land Information Memorandum
The importance of obtaining a LIM when purchasing a property has been reinforced by the Supreme Court judgment Marlborough District Council v Altimarloch Joint Venture Limited issued on 5 March…
Fee Simple, Cross Lease & Leasehold titles – what does it all mean?
When buying a house it’s important to know exactly what you’re getting for your money. A fee simple title (or freehold estate) gives you the greatest group of rights in…
