Articles

What is the purpose of a LIM report?

When purchasing a property, obtaining a Land Information Memorandum (“LIM”) report from the relevant council is strongly recommended.A LIM report provides all the documents that a council has on records for a property. Each LIM report contains different information, as some properties may ...READ MORE >>

An overview of mortgagee sales

If you buy a property at a mortgagee sale, be aware that you are entering a contract that is quite different in its nature to an agreement entered into in other circumstances.The agreement is likely to be weighed heavily in the mortgagee’s favour because mortgagee sales involve factors ...READ MORE >>

Under what circumstances should you form a Trust

There are a number of circumstances under which you should consider forming a trust. Some of the common purposes of a trust, and the structures utilised, will be discussed in this article.A trust is managed by trustees who are appointed by the creator of the trust (called the settlor(s)). ...READ MORE >>

The importance of Wills and Enduring Powers of Attorney

Having enduring powers of attorney (EPAs) and a will in place is important for every adult whatever their age. A will is a legal document that lets you decide how you want your property, care for your dependants (partner, children etc.) and your body to be dealt with after you die. EPAs allow you ...READ MORE >>

Rental property standards

The Residential Tenancies Act 1986 requires landlords to provide and maintain rental properties in a reasonable state of repair for the tenants. When deciding what is a ‘reasonable state of repair’ one must consider the age and character of the property and how long it’s likely to remain ...READ MORE >>

Why do we pay rates?

Rates provide income to councils around NZ to help fund services and facilities that benefit the public. Rates are collected for the overriding purpose of helping and improving local communities. Some of these services may include:road works, and new infrastructure waste collection, and ...READ MORE >>

An overview of Domestic Violence Leave

As of 1 April 2019, the Domestic Violence – Victims' Protection Act 2018 (“the Act”) came into force and is applicable for employers and employees all around New Zealand.Similar to an employee’s rights to take bereavement/sick leave in a 12-month working period, the Act allows employees ...READ MORE >>

Under what circumstances should you form a Trust

There are a number of circumstances under which you should consider forming a trust. Some of the common purposes of a trust, and the structures utilised, will be discussed in this article.A trust is managed by trustees who are appointed by the creator of the trust (called the settlor(s)). ...READ MORE >>