Category Archives: Leases & Leasehold

VENDOR RENT GUARANTEES. Not. Worth. Anything.


We aren’t talking about lease guarantees here, where you as the tenant guarantee to pay the rent and outgoings owed by your business. No, this post is about the sale of serviced apartments leased to the property’s manager.  I originally … Continue reading

Posted in Banking & Finance, Commercial Property, Leases & Leasehold, Property Law, Residential property | Tagged , , , | Leave a comment

Ngati Whatua – Scene Apartments – How are the leasehold rent negotiations affecting price?


Further to the series of posts on the Ngati Whatua leasehold land, and my personal opinion that leasehold land tends to be purchased overvalued, Bob Dey notes in his newsletter today the impact that the present leasehold rent negotiations may … Continue reading

Posted in Leases & Leasehold, Maori land, Property Law, Residential property | Tagged , , | 3 Comments

Quay Park & Ngati Whatua – First decision


Bob Dey has reported on the first of the Quay Park arbitrations to be released in his property report. Parnell Terraces at 18-24 The Strand is one of 5 apartment developments on the former railway land at Quay Park on … Continue reading

Posted in Commercial Property, Leases & Leasehold, Litigation, Property Law, Residential property | Tagged , , , , , | 1 Comment

Ngati Whatua Ground Rent Battles continued….


Blog readers will recall earlier posts on the land down by the old railway station and around where Vector Arena sits.  This was purchased by Ngati Whatua over fifteen years ago and leased to various property development interests with a … Continue reading

Posted in Banking & Finance, Commercial Property, Leases & Leasehold, Maori land, Property Law, Unit Titles | Tagged , , , , | 10 Comments

NZ Property Lawyer – Time is of the Essence clauses


New post in our sister blog “The NZ Property Lawyer” on time is of the essence clauses…and why they can create uncertainty rather than certainty.

Posted in Business Law, Commercial Property, Leases & Leasehold, Property Law, Residential property | Tagged , , , | Leave a comment

Maori land transactions under Te Ture Whenua Māori Act 1993 – LINZ Guidelines


In today’s email: a very useful guide to the transfer of Maori land. This is the non-Torrens system land, typically held by tens or even hundreds or thousands of owners and trusts and/or incorporations. The guide is step by step … Continue reading

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Ngati Whatua Ground Rent Armageddon draws closer


Hundreds of leasehold apartment owners in downtown Auckland are gearing up for a legal fight with the Ngati Whatua o Orakei Maori Trust Board over the amount of ground rent they have to start paying from August, says the Sunday … Continue reading

Posted in Banking & Finance, Business Law, Leases & Leasehold, Property Law, Residential property, Subdivisions, Unit Titles | Tagged , , , , , | 1 Comment