With the introduction of the new Real Estate Agent Authority it would be good advice to keep file notes on conversations between yourself and either the Vendor or Purchaser. By keeping simply file notes it can save the he said, she said, they said or you told me. Being proactive and not deactive is so [...]
Conveyancing Tips
March 1st, 2010 · No Comments · Uncategorized
Tags:Conversations·Good Advice·Insurance·New Legislation·New Real Estate·Professional Indemnity Insurance·Purchaser·Real Estate Agent·Real Estate Agents·Real Estate Agents In New Zealand
Buying a Business
November 12th, 2009 · No Comments · Uncategorized
The last blog on this matter:
If there are licences to operate, or possibly a government consent involved the Agreement should provide provision for the licence to be current and transferred upon settlement so you as the Purchaser can continue to trade.
You should also ensure the Agreement provides provision for the Vendor to remain for a [...]
Tags:Accountant·Blog·Business Franchise·Buying A Business·Buying Business·Due Diligence·Gst·Provision·Purchase A Business·Purchaser·Smooth Transition
Misrepresentation
November 2nd, 2009 · No Comments · Uncategorized
During the course of contractural negotiations a Vendor/Purchaser or Agent may make statements about the property being offered for sale. Misrepresentation could be made verbally, in marketing or advertising material, or in writing. Generally speaking a misrepresentation is a false statement relating to present or past fact. The Agent and Vendor must be very careful [...]
Tags:Accountability·Advertising Material·Cheers·Common Sense·Cracks·Foundations·Government Valuation·Marketing·Misrepresentation·Negotiations·New Real Estate·Purchaser·Real Estate Agents
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
Property File
October 2nd, 2009 · No Comments · Uncategorized
As a Purchaser is it very important to complete a search of the Property file held by the Council. Each file may contain different information. Here are a few of the common items found on the property file.
1. Building Permits/Consents and associated Plans.
2. Project Information Memorandums.
3. Code of Compliance Certificates.
4. Subdivision Consents.
5. Resource Consents.
6. Drainage [...]
Tags:Building Permits·Caution·Code Of Compliance·Compliance Certificates·Drainage·Fitness·Information Memorandums·Information Notices·Purchaser·Resource Consents·Warrants

