Property/Commercial

Property is one of the greatest investments most of us make. Buying or selling can be stressful and there are many pitfalls.

How can we help
We can help you identify where the risks are and guide you through the buying or selling process.

If you are buying or selling a commercial property, we can help work through issues arising from the agreement for sale or purchase. We can also advise you on the best type of ownership structure – company or trust. And if the bank is asking you to sign a personal guarantee, we’ll help you understand the implications of this, and whether it’s the right approach for you.

We are happy to work with your accountant or financial advisors.

Costs
For a straightforward purchase of a residential property with one mortgage you can expect to pay from approximately $1250 including GST and disbursements.

Legal Resources:

Business Warrant of Fitness
Is your business healthy? do you have the right structure to trade efficiently and profitably? This article has useful tips for business owners.

Buying a Business
Some of the issues that need to be considered when you are buying a business are discussed below.

Inheritance Laws
Inheritance law, or (who gets what when you die), has changed dramatically in recent times. The most significant change has been the introduction of the Property (Relationships) Act 1976 (“PRA”) which came into force on 1 February 2002. The PRA amends the law regarding property division between couples. Read more to see how you may be affected!

Investing in rental property- the do's and dont's
For many New Zealanders, bricks and mortar are an important part of our lives. We either own our own home or aspire to one day. Some go one step further and purchase rental property.

Leaky Buildings- what are they?
There has been a lot of publicity with regard to “leaky building” syndrome. It seems that every recently built house in Auckland and other parts of New Zealand may be under suspicion as having a problem of leaking or being wet...read on to find out more about this topical issue.

The importance of a simple Will.
You should review your will when major events happen in your life. For example, the birth of children, the death of close relatives or other major changes in circumstances such as buying a new home, or transferring property to a trust etc.

What is a Bequest?
A Bequest can help your favourite charity. Charities and not-for profit organisations can benefit enormously from bequests – a gift in your will can make a real difference to the work that they perform in your community.

Why do you need a Will and a Power of Attorney?
What if you become mentally incapable and can’t look after yourself or make decisions about your own affairs? Who can make decisions about your welfare, deal with your property, operate your bank accounts or pay your bills?