Purchasing a House? We have your pre-settlement checklist
The pre-settlement inspection is to ensure that the purchaser can inspect and be satisfied with the condition of the property before it formally transfers hands. Give at least two days before settlement date for a pre-settlement inspection to be completed. This is normally done via contacting the real estate agent or vendor. It is often helpful to bring a copy of the sale and purchase agreement with you to the inspection so you can refer to any conditions that might make a di
Fences - Who's Responsible?
We are in the middle of a construction boom, there are many new subdivisions being opened up and, well, as a rural land owner you often have quite extensive boundaries. Fencing them can be expensive. What are the actual legal requirements for a fence? Who contributes? Generally, if you want to build a fence on a common boundary with your neighbour, or upgrade an existing one, you can expect the neighbour to go halves on the bill for an "adequate" fence. That is, one that is
First Home Buyers
Buying your first home? No idea where to start? Sometimes we wish there was a hand to hold, or a map to read to get to our final destination- in this instance- the relief and satisfaction of having moved all your belongings into your very own home. We are here to help make that journey as smooth as possible (without physically holding your hand, sorry). Your first step is a financial process, working out what is going to be affordable for you. Talking to a mortgage broker
Could Your Home be Contaminated by “P”?
This is not an unreasonable question to ask given the growing number of New Zealand homes which have tested positive for methamphetamine or “P”. The risk of a contaminated property affects property owners, buyers, sellers and tenants. If P is manufactured or used even once inside a property, this would be enough to produce a positive test result. It has been suggested that the level of toxicity and health risk posed to an occupier of the property is higher if P was manufactu
Received a “free” LIM? Know the risks!!
When purchasing a property, it’s advised a purchaser obtains a Land Information Memorandum Report (also known as a LIM Report). A LIM Report can be obtained from the local authority for a fee, and contains valuable information about the property such as soil contamination, plumbing, drainage, consents, licences, permits, rates, and zoning. When a property is being sold at auction, the real estate agent will often obtain a LIM Report and make it available to potential buyers.