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Articles relating to the sale and purchase of land, resource management, and residential conveyancing.

Buying at a mortgagee sale.

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Buying a property at a mortgagee sale can be risky.  You can manage that risk however by being careful and taking certain precautions.

The terms for the mortgagee sale are contained in the particulars and conditions of sale.  These conditions of sale generally include, amongst other things, provision that:

Not paying the rent?

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In these tough economic times it is worthwhile knowing where you stand with your lease if you are a tenant who has not been keeping up with rent payments or if you are a landlord and your tenant has not been paying the rent.

If I am buying a property do I have to pay a deposit?

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Most sellers will require payment of a deposit and there is a provision in the standard Agreement for Sale and Purchase approved by the Auckland District Law Society for it (“ADLS Agreement for Sale and Purchase”). A deposit is generally seen by a seller as a sign of good faith on the part of the buyer that they are genuinely committed to purchasing the property.

Who owns the foreshore and seabed?

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This is a debate that has been causing tidal waves amongst New Zealander’s for years. 

Earlier this year the Marine and Coastal Area Act 2011 was enacted to try and answer some of the questions and reduce the grey areas.