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Different way titles are held – Crosslease, fee simple, stratum in freehold, leasehold

April 2nd, 2019 Gibson Sheat

Different way titles are held – Crosslease, fee simple, stratum in freehold, leasehold

A title is a way to record the land and properties information, such as lot numbers, how big the section is, whether there are any covenants, easements or caveats registered against the title...
Topics: Property
 
Meth contaminated properties

April 2nd, 2019 Gibson Sheat

Meth contaminated properties

A property that has been used to manufacture methamphetamine, or has had methamphetamine smoked inside, can be contaminated...
Topics: Property
 
Implications of the Overseas Investment Amendment Regulations 2018

February 15th, 2019 Alexandra Fink

Implications of the Overseas Investment Amendment Regulations 2018

The Overseas Investment Regulations were recently amended with the aim of reducing overseas purchases of New Zealand property, and making residential housing more available and affordable to New Zealanders.

Topics: Property
 
How to give notice to your tenant and what you can do if a tenant is no longer paying rent

December 13th, 2018 Gibson Sheat

How to give notice to your tenant and what you can do if a tenant is no longer paying rent

There are two types of tenancy agreements which a landlord and tenant can enter into: periodic tenancy and fixed term tenancy.
Topics: Property
 
Unpaid rates lead to sale of property

December 13th, 2018 Gibson Sheat

Unpaid rates lead to sale of property

Whether you are purchasing your first home, family home, rental property or simply refinancing your property, it pays to remember the consequences of not keeping your rates paid and up to date with your local Councils.
Topics: Property
 
Rural Leases

December 13th, 2018 Gibson Sheat

Rural Leases

A rural lease is a legally binding document which governs the relationship between the landlord and the tenant for the use of rural land.  Often rural leases are entered into as a gentleman's agreement, with a handshake to seal the deal.  This works fine until something goes wrong...
Topics: Property
 
Relationship Property

December 13th, 2018 Gibson Sheat

Relationship Property

The division of relationship property is regulated by the Property Relationship Act.  The purpose of the Act is to set out some rules for the fair division of relationship property at the end of a relationship.
 
First home buyers - The process of buying and what to look out for

December 13th, 2018 Gibson Sheat

First home buyers - The process of buying and what to look out for

If you have never bought a property before, it can be an intimidating prospect.  We have broken down this process and highlighted some things you may want to keep an eye out for along the way.
Topics: Property
 
Commercial Leases - what to look out for

August 31st, 2018 Gibson Sheat

Commercial Leases - what to look out for

A commercial lease can be a complicated agreement with binding implications for both the landlord and tenant.  Before you enter into a Lease, it is vital that you understand the rights and responsibilities...
 
What the fence?

August 31st, 2018 Gibson Sheat

What the fence?

Under the Fencing Act 1978, if a property owner chooses to build a new fence or refurbish an existing fence, the neighbouring property is expected to contribute 50% of the total price...
Topics: Property
 
Cross-leases - What are they and what implications do they have?

June 18th, 2018 Gibson Sheat

Cross-leases - What are they and what implications do they have?

Historically, cross-leases were a popular form of dividing land for land owners because they allowed owners to avoid certain subdivision restrictions but achieve similar results to a formal subdivision under the existing Act, at a fraction of the price.
Topics: Property
 
Lease Agreements vs Tenancy Agreements

June 18th, 2018 Gibson Sheat

Lease Agreements vs Tenancy Agreements

We regularly see clients treating lease agreements and tenancy agreements as being the same document. However, while both agreements are similar, it is important to understand the differences...
Topics: Property
 
Who Pays the Rates - Selling a Property

February 21st, 2018 Gibson Sheat

Who Pays the Rates - Selling a Property

Property rates are due throughout the year.  Payments may be made six monthly, four monthly, three monthly, or annually.
Topics: Property
 
Strange and Wonderful Land Covenants

December 7th, 2016 Gibson Sheat

Strange and Wonderful Land Covenants

Land covenants are standard in residential developments. They are essentially the rules that the owners and occupiers of land within the subdivision/development must abide by and they keep the area and properties within that residential area up to the standard hoped for by the developer and the buyers of properties in that area.
Topics: Property
 
Building a Boundary Fence

December 7th, 2016 Gibson Sheat

Building a Boundary Fence

The Fencing Act 1978 prescribes the steps that a person must take before building a fence on or near the boundary with a neighbour.
Topics: Property