Archive for May, 2010

On 17th May the Government announced financial assistance to help owners with leaky homes to rectify their properties. This package is not accepted by all as the solution to their problems but it is a step in the right direction.

The financial assistance is a equity share proposal where the Government would provide 25% of the agreed cost of repairs, the local body would provide a further 25% of the agreed cost of repairs and the owner would contribute the remaining 50% of cost of repair.

Where the owner was required to finance the 50% of their cost of repair, the government would provide a loan guarantee. This is subject to the owner being able to meet the banks standard lending criteria.

Parties who qualify for the financial assistance are the ones who are able to pursue a claim under the Weathertight Homes Resolution Services Acgt 2006.

To qualify:

* the property must be used as a private residence.

* there must be leaks.

* the water leaks must have caused damage to the property.

* it must be no more than 10 years since the construction or alterations leaks occurred.

This is an initiative by the New Zealand Government. For further information on this matter please do not hesitate to give us a call.

Regards the team at Property Conveyancing Services Limited :)

Hi all just a quick blog to inform you effective from the 1st July 2010 the Land Information New Zealand has announced fees for registration and searches will increase.

Registration fees will increase from $37.00 per document to $51.00 per document.

Search fees will increase from $3.00 to $4.00 per search request.

It would appear the Government Departments are looking at ways to increase revenue in this economy.

Stay posted :)

Property Conveyancing… What am I talking about???

 

The Cambridge English Dictionary says a “Conveyancer” is “one  who draws deeds by which property is transferred”.  Sounds a little old fashioned but that’s what we do!  In other words we look after you and complete the legal side of buying and selling houses.  We also complete business settlements, refinancing of your mortgage and subdivisions. 

 

We have a fixed fee  and a money back guarantee.  If your transaction doesn’t go ahead we will only charge you a reduced office charge and any disbursements already paid on your behalf which is normally no more than $100.00.

 

RING US NOW on 0800 2 87878 or find out about us and what we can offer from our website www.propertyconveyancingservices.com

 

We are here to help you :)

Dividing Fences

May 5, 2010

In New Zealand it is the Fencing Act 1978 which governs the requirements for Dividing Fences, there were a few amendments and the Act was reprinted on the 1st August 2009.

 

The Act further covers two specimen types of fences detailed in Schedule 2 of the Act they are as follows:

 

URBAN

 

1.     Post and rail fence – a post and rail fence, at least 1 m in height, or substantial material, firmly erected, with not less than 4 rails, the space between the 2 bottom rails, and the bottom rail and the ground, not to exceed 125mm, and the posts to be not more than 2.75 m apart.

2.     Close boarded fence – a closed boarded fence at least 1.5 m in height with post rails, and having split or sawn timber placed upright, and well nailed to both rails, there being no openings between upright pieces of timber.

3.     Paling fence – any paling fence, at least 1 m in height, with posts and 2 rails, and having split or sawn timber placed upright, and well nailed to both rails, there being no more than 100 mm of opening between upright pieces of timber.

4.     Panel fence – Any panel fence at least 1 m in height with posts spaced not more than 2.7 m apart and having 2 or more rails with asbestos cement infill panels securely screwed to the rails.

5.     Masonry walls – Walls of brickwork, block work, or stonework adequately supported.

 

The other specimen is rural but this will not be covered in this article.

 

Disputes can arise between neighbours over the cost and materials in relation to dividing fences and the process for resolution is as follows:

 

Firstly you must understand what is defined as an adequate fence in the Act which states “if its nature, condition and state of repair are reasonably satisfactory for the purpose it serves or intended to serve”.

 

If you require your neighbour to contribute to the cost and material and this cannot be resolved amicably you are required to service notice on the neighbour. The Act sets out the best form to utilise in schedule 1 of the Act.

 

In effect the neighbour will have 21 days to either confirm they will contribute half the cost or dispute the notice, whereby they then serve you with a cross notice.

 

If you have received no response within the 21 days it will be deemed the neighbour has accepted your proposal.

 

Further more if the dispute cannot be resolved it will need to be heard in the Dispute Tribunal in New Zealand for amounts up to $7,500.00.

 

Remember to post your comments and feed back or alternatively contact us for advice or topics you would like covered. :)

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