Tag: Certificates

Vendors and Purchasers Have a Choice!!!!

Is New Zealand playing catch up to Australia? Yes and it is great on the 1st August 2008 the Lawyers and Conveyancers Act 2006 came into force, taking away the monolopy on the Conveyancing Industry from Lawyers and Solicitors. Traditionally Property Conveyancing was the bread and butter for Solicitors and Lawyers, but not anymore they now have competition in the market place.

The New Zealand Society of Conveyancers is the Regulatory and Representative body for Registered Conveyancing Practitioners and the numbers are starting to grow, just as it did in Australia.

This allows anybody who is selling, purchasing or refinancing either property or business with an alternative.  And not sounding biaesed we are the best.

What most people do not know is that it is Registered Legal Executives who undertake the vast majority of work in the Conveyancing and Settlement process in a Solicitors office. But the Legal Executives are disadvantaged as they do not have digital Certificates issued to them by Land Information New Zealand which means they can not certify and sign edealings on behalf of clients. 

They are dependent on the Solicitor to certify and sign the edealing. This could and has caused delays in the Conveyancing and Settlements for either a Vendor or Purchaser, in particular if the Solicitor is away in court or out of the office.

Registered Conveyancing Practitioners are issued with digital Certificates so we are independent, and operate Trust Accounts with Banks.

Nothing worse then having a Client waiting around with a removalist truck wanting to collect keys from the Real Estate Agent.

With todays modern Technology and Electronic Conveyancing this should not happen.

Registered Conveyancing Practitioners are Legal Professionals who deal exclusively with Conveyancing in relation to property or businesses, this is our area of expertise. The advantages of using Registered Conveyancing Practitioners far out way the disadvantages of using a Solicitor or Lawyers.

So take Donald Trumps advice and fire your Solicitor and engage a Registered Conveyancing Practitioner for your next property sale, purchase or refinance!!!!!!!!!!!!!!

http://www.propertyconveyancingservices.com/free-property-conveyancing-quote.html

Cheers Kim :)

Land Information Memorandum

August 25, 2009

We highly recommend you obtain a Land Information Memorandum from your Local Council when purchasing a property. The LIM is a valuable document which details the Council records in relation to the property. An application is made to the Council and a fee is payable. The fees vary from Council to Council but when you consider the investment you are undertaking what is the cost of a couple of hundred dollars to get the right information and protect you. Generally a LIM Report will take approximately 10-15 working days to be completed.

Some general information contained in a LIM Report will be:

1. Features of the land, such as potential erosion, slippage or hazardous.
2. Stormwater and sewerage drainage.
3. Rates information.
4. Consents and notices affecting the land and building issued by the Council.
5. Building Certificates.
6. Use of the land.
7. Any pending orders or notices.
8. Any other information the Council deems relevant.

Please note the above is only a brief outline.

We highly recommend you make any Agreement for Sale and Purchase subject to a LIM Report condition and discuss this with your Conveyancing Practitioners.

Warm regards Kim Principal

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