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The risks of buying “off the plan” properties

The risks of buying “off the plan” properties

The risks of buying “off the plan” properties Buying properties “off the plans” have become increasingly popular over the years. When you buy a property “off the plans,” this means you purchase the property before it is completed. Purchasers usually have to wait at...
How to lodge a caveat over a property

How to lodge a caveat over a property

How to lodge a caveat over a property When it comes to civil litigation, whether or not a defendant owns land often determines if it is worth incurring the legal cost of suing that defendant. However, even if the defendant owns land, Court proceedings can take a long...
Changes to the Residential Tenancies Act

Changes to the Residential Tenancies Act

Changes to the Residential Tenancies Act Residential tenancies in New Zealand are governed by the Residential Tenancies Act.  This means the tenant’s rights are protected by law, even if these rights are not written in the contract. A number of new changes to...
Who can buy residential property in NZ?

Who can buy residential property in NZ?

Who can buy residential property in NZ? Under the Overseas Investment Act, overseas persons are no longer permitted to purchase residential property in New Zealand. Any overseas persons breaching this restriction may be liable for a penalty of up to $300,000 and...