Following on from my previous blog:
* You should ensure you have access to the business before settlement to be introduced to the clients.
* The Sales and Purchase Agreement should state that risk of the assets passes from the Seller to you on settlement and possession date.
* What type of insurance will you require - Public [...]
Buying a Business
November 8th, 2009 · No Comments · Uncategorized
Tags:Assets·Business Insurance·Buying A Business·Confirmation·Due Diligence·Franchise·Information Memorandum·Land Information·Landlord·Licence Agreements·Licencing Fees·Motor Vehicle·Possession·Premises·Public Liability·Purchase Agreement·Purchasing A Business·Radius·Restraint Of Trade·Settlement Rates
Agreement for Sale and Purchase
October 28th, 2009 · No Comments · Uncategorized
Lets break it down in bit by bit:
Recently the Real Estate Institute of New Zealand released a plain English version of a new Agreement for Sale and Purchase. This Agreement has not been received well by the Real Estate Industry. It would appear the majority of Agents will stick with the Auckland District Law Society Eighth [...]
Tags:Auckland District Law Society·Bank Cheque·Bit By Bit·Certificate Of Title·Contractual Obligations·Eighth Edition·Electronic Transfer·First Option·Front Page·Gst·Instalments·Legal Description·Negotiations·Passports·Possession·Purchaser·Real Estate Institute Of New Zealand·Satisfaction·Settlement Date·Vendors Finance
Leasehold Estate
September 27th, 2009 · No Comments · Uncategorized
A lease interest is created when the Lessor grants to another party the Lessee a right of possession of land for a period of time. In effect the Lessess will pay the Lessor a fee for occupation. The terms will be written into a form of a Lease document. The Lease will contain the conditions [...]
Tags:Array·Crown Land·Grants·Homework Research·Lease Document·Length Of Time·Lessee·New Zealand·Occupation·Period Of Time·Possession·Premises·Professional Advice·Residential Leases
