Category Archives: Unit Titles

Bank Loan Approvals – a word of caution


I wrote the bones of this post in 2013, but its even more relevant now with stories of banks reneging on loan approvals just as the unit settlement date approaches. Basically:  Bank loan approvals mean very little if anything especially … Continue reading

Posted in Banking & Finance, Commercial Property, Construction Law, Litigation, Property Law, Residential property, Securities Law, Subdivisions, Unit Titles | Tagged , , , | Leave a comment

Reducing Depreciation Recovery


When the property cycle starts to look like it is peaking, the temptation to sell comes calling…..so it may be worth thinking about all the depreciation claimed on your investment property.  Does it all have to be repaid if the … Continue reading

Posted in Banking & Finance, Commercial Property, Property Law, Residential property, Tax Law, Unit Titles | Tagged , , , , , , , | Leave a comment

Buying an Apartment in Auckland Part One: Body Corporates


…or anywhere else in New Zealand really, but Auckland is a better search engine keyword for the title than New Zealand. The genesis of this post is a conversation I had with Diana Clement,  a freelance journalist specialising in personal … Continue reading

Posted in Commercial Property, Property Law, Residential property, Unit Titles | Tagged , , , , , , | 1 Comment

Unit Titles Act 2010 – Proposed Changes and consultation


The Ministry of Business, Innovation and Employment has its sights set on “innovating” the Unit Titles Act, following a review by the NZLS property section and a letter to the minister (copy here). You can find the list of proposed … Continue reading

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ADLS Agreement for Sale and Purchase – 9th Edition


The new version of the almost invariably used standard form is almost upon us. An explanation of the changes can be found here. • the words “and/or nominee”, are added after the space left for the insertion of the name … Continue reading

Posted in Commercial Property, Property Law, Residential property, Unit Titles | Tagged , , , | 1 Comment

Mortgagees, GST, and rorting the IRD


This is a bit more of a commercial bent, because it is mostly of relevance to lenders. Those of you striking a little trouble with your business loans will also find it relevant, because the conclusions in the case may … Continue reading

Posted in Banking & Finance, Business Law, Commercial Property, Property Law, Residential property, Tax Law, Unit Titles | Tagged , , , | Leave a 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 , , , , | 11 Comments