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Airbnb
Travellers and tourists looking for an alternative to hotels and motels at high season times when demand is great may be drawn to the online platform of Airbnb to rent a house or a room from private home owners.While there is an opportunity to earn extra income, an owner of property looking to rent...
Body Corporate Business Update April 2018
TRUE VALUE OF REPAIRSReinstatement schemes under section 74 of the Unit Titles Act 2010 (UTA) are commonly used to facilitate the comprehensive repair of unit title developments that are either leaky (defective) or in need of substantial repair following a prolonged period of deferred maintenance. R...
Body Corporate Business Update May 2018
APPOINTMENT OF AN ADMINISTRATORGot a dysfunctional body corporate? Do you need an administrator?An administrator is an independent third party appointed by the High Court under section 141 of the Unit Titles Act 2010 (UTA) to assume the powers and duties of the body corporate (and the body corporate...
Body Corporate Business Update July 2018
COST RECOVERY FOR REPAIRS AND MAINTENANCEIn the context of repairs and maintenance, the question “who pays” is often the first – and last – issue to be addressed by a body corporate.The Unit Titles Act 2010 (UTA), confers on bodies corporate the power and duty to repair and maintain common p...
IMPORTANT ANTI-MONEY LAUNDERING REGULATIONS UPDATE
You may be aware of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the “AML/CFT” law), which has been in force for some years now. To date, it has mainly affected banks and other financial or investment entities. The purpose of the law reflects New Zealand’s commitme...
Body Corporate Business Update June 2018
RESIDENTIAL TENANTS AND BODY CORPORATE OPERATIONAL RULESUnder section 105(4)(c) of the Unit Titles Act 2010 (UTA), body corporate operational rules are binding on any person who occupies a principal unit. But, where a unit occupier is a residential tenant under the Residential Tenancies Act 1987 (RT...
Removal of Incapacitated Trustees & Vesting Orders in Trust Property
Removal of incapacitated trustees & vesting orders in trust propertyIncapacity is a legal term of art that means a trustee lacks the mental capacity to manage their own affairs. In the context of trusts, this could lead to the situation where an incapacitated trustee is unable to exercise their...
Have Good Reasons to Change Your Will
The recent Court of Appeal decision of Loosely v. Powell [2018] NZCA 3 concerned the will of the late Allison Slater, a childless widow who died in May 2014 aged 64.An earlier will signed in 2011, the year Allison was diagnosed with cancer, divided the residue of her substantial estate equally betwe...
Glaister Ennor Graduate Art Awards 2018
Since 2006, the Glaister Ennor Graduate Art Awards have encouraged Auckland’s emerging artists, and each year, we ask Auckland art schools to nominate their top honours and masters students. We then engage art judges to examine the work of all the nominees' entries at an exhibition at Sanderson Co...
Employment Updates
Sale of Business – Redundancy It is easy to overlook the fact that on the sale or transfer of a business many employees may be affected or have their employment terminated. It is important to be aware of, and exercise the ongoing duty of, good faith, which re...