Multigenerational living is on the rise in New Zealand, often done by way of informal arrangement between family members which can end in a dispute when relationships break down or if a family member needs care or passes away. A lot of issues can be avoided if proper care is taken, and a Property Sharing […]
Multigenerational Living Read More »
Buying a property is one of the biggest financial commitments most people will make. In New Zealand, many buyers assume that if they are using the standard ADLS/ Real Estate Institute of New Zealand (REINZ) approved Agreement for Sale and Purchase of Real Estate, they do not need legal advice before signing. However, failing to
Why You Should Always Consult a Lawyer Before Signing a Property Agreement Read More »
The Government has announced fast-tracked reforms to the Public Works Act (PWA), aiming to speed up compulsory land acquisitions for major infrastructure projects. These changes will significantly impact individual landowners, particularly those affected by Fast-Track approvals projects and Roads of National Significance. KEY CHANGES AFFECTING LANDOWNERS NO MORE OBJECTIONS TO THE ENVIRONMENT COURT Currently, landowners
Public Works Act Reforms: What it Means for Landowners Read More »
In New Zealand, trees planted close to property boundaries can lead to disputes, especially when branches overhang or roots encroach into a neighbouring property. Understanding the law governing these situations can help property owners resolve issues amicably and avoid unnecessary conflicts. OWNERSHIP OF OVERHANGING BRANCHES AND FRUIT Legally, the branches, leaves, and fruit of a
Overhanging Trees, Boundary Issues, and Ownership of Fruit: What you Need to know Read More »
The New Zealand government recently announced a major overhaul to the Resource Management Act (RMA) 1991, a move expected to streamline environmental and development regulations. Two new Acts will replace the RMA, targeting environmental management and urban development separately. This article outlines the planned reforms and their implications for property developers, environmental stakeholders, and iwi
New Resource Management Reform: Key Takeaways for Clients Read More »
The Government has announced its intention to reform the building consent system with the aims of improving efficiency and consistency in building consent delivery. At present some 67 Building Consent Authorities (BCAs) – which are usually local and district councils, can also be regional councils (for dams) and private organisations – operate across New Zealand,
Proposed Building Consent System Reform Read More »
The Brightline tax test is a crucial part of New Zealand’s property taxation framework, designed to curb property speculation and ensure that profits from quick property sales are taxed appropriately. Introduced in October 2015, the test has undergone several changes, reflecting the governments’ ongoing efforts to stabilize the housing market and address affordability issues. The
Understanding the brightline tax test Read More »
Alongside the changes to employment law, the National-ACT-NZ First coalition is bringing in major changes to the property sector. Among the most significant and those likely to affect many of our clients are: TENANCY AND RENTAL MARKET ADJUSTMENTS DEDUCTIBILITY OF MORTGAGE INTEREST FOR LANDLORDS From 1 April 2024, landlords may claim back 80% of the
Upcoming changes to Property Tax and Tenancy laws Read More »
You can change friends but not neighbours … or so the saying goes. So it’s all the more important to try to maintain friendly – or at least cordial relations with your neighbours. When it comes to boundary fences, theserelationships can come under additional pressure, so it’s important to do things well and to understand what
Fencing – Get it Right Read More »
An example of the critical importance of purchasers understanding their obligations under conditional sale and purchase agreements is the strack v grey case. (strack v grey [2019] Nzca 432) WHAT HAPPENED Essentially Grey, an Otago businessman who owned a property in Mosgiel, wanted to buy the Strack’s property in Dunedin. Grey wanted to put in
Know your obligations before signing up to a conditional house purchase. Read More »
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