Property Conveyancing Services Blog

We’ve got exciting news!
 
We are on the move… as from 21 June 2010 we are relocating to 173 Old Taupo Road which is on the corner of Uta Streets & Old Taupo Roads opposite Rotorua Boys High School.  Check out the link –we will be marked “A”   http://www.wises.co.nz/l/173+old+taupo+road+rotorua/#c/-38.141982/176.240895/16/
 
We look forward to seeing you at our [...]

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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 [...]

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Before entering into any purchase of a Business you must complete your due diligence. Where to start:
1. What price should be paid? Goodwill, plant, fixtures and fittings and stock will generally make up the price. The price will be broken down into these caterogories in the Agreement with value given to each one.
2. Turnover - [...]

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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 [...]

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