Property Conveyancing Servicesn
Contract Writing
Welcome to our latest newsletter, firstly the shortest day is behind us and spring is not to far away. All White did us proud and the All Blacks are back in form. Let’s see how they go against the Aussie.
Contract writing and conditions; The conditions in an Agreement for Sale and Purchase when [...]
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Tags:Acting·Cancellation·Certificate Of Title·Cross Lease·Dwelling·Email·Endeavours·Finance·Headaches·Improvements·Obligation·Property Conveyancing·Purchaser·Real Estate Professionals·Real Solutions·Satisfaction·Shortest Day
Property is being purchased and sold on a daily basis. Unfortunately many people do not understand the legal terminology used when a Contract is being drawn up on their behalf. In this article we are going to explain in plain English the legal terminology of what a Conditional Agreement is.
Conditional
When you enter into an Agreement [...]
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Tags:Code Of Compliance·Conditional Agreement·Daily Basis·Due Diligence·Finance·Information Memorandum·Land Information·Legal Obligation·Legal Terminology·Necessary Steps·Plain English·Provision·Purchaser·Valuation Report
The Land Transfer Act 1952 in New Zealand provides for 5 types of Caveats.
A caveat is a warning to anyone to be aware. A Caveat is a notice which is registered against a title for any party to be aware that a claim is being made and sought. Caveats do not create new rights, they [...]
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Tags:Beneficiary·Caveats·Certificate Of Title·Compulsory Registration·Creditor·Feedback·Limited·Lodging A Caveat·New Zealand·Parcels·Proprietor·Purchaser·Register·Relationship Act·Respect·Section 6·Transfer Act·Unregistered Mortgage
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 [...]
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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
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 [...]
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Tags:Accountant·Blog·Business Franchise·Buying A Business·Buying Business·Due Diligence·Gst·Provision·Purchase A Business·Purchaser·Smooth Transition