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Considering moving to a retirement village?
For many clients, there comes a time when they begin to consider whether moving into a retirement village is right for them. The decision is never easy and requires consideration of many different factors. One of those factors is the formal legal process, and for some, that process can be daunting....
What are real estate agents’ obligations in relation to hidden/underlying defects with a property?
In relation to hidden or underlying defects, the obligations of Real Estate licensees are set out in Rule 10.7 of the Real Estate Agents Act (Professional Conduct and Client Care) Rules 2012 (“Rule(s)”).Rule 10.7 states:A licensee is not required to discover hidden or underlying defects in land...
Employment trial periods: termination on notice or payment in lieu
An employer and employee are entitled to enter into an employment agreement that provides for a trial period of up to 90 days (Section 67A of the Employment Relations Act). The trial period provision must be written into the employment agreement. And, that agreement must clearly state when the perio...
Hiring migrant workers in your business – changes to the law
In April 2017, the Government announced they will publically consult on the proposed changes to temporary migration. They will consult on the essential skills work visa and skilled migrant category resident visa. The changes, which will be implemented in August 2017, will affect the ability of migra...
Thinking of selling your business? Vendor due diligence will help you maximise the price.
What is vendor due diligence?It captures a range of things; such as, making sure that you, the business vendor, have your house in order (to use a well-known expression), organising information buyers are likely to want to see, and preparing a full due diligence report for the potential buyers.Why d...
Resource Management Act – Version 22
The Resource Legislation Amendment Act 2017 came into force on 18 April 2017. It introduces further changes to the Resource Management Act 1991 (“RMA”) and makes amendments to the Reserves Act 1977, the Public Works Act 1981, the Conservation Act 1987, and the Exclusive Economic Zone and Contine...
Body Corporate Business Update June 2017
Changes to the act and regulationThe Unit Titles Act 2010 (the “Act”) has been amended by Part 2 of the Regulatory Systems (Building and Housing) Amendment Act 2017. The changes, which are largely technical in nature, came into force on 30 May 2017.The majority of the changes are minor and relat...
Body Corporate Business Update May 2017
One-off expense? Which fund?It is not uncommon for bodies corporate to be faced with needing to meet unexpected or unbudgeted expenses such as funding repairs and maintenance that do not fall within either the annual budget (operating account) or the long-term maintenance plan and fund. The Unit Tit...
Body Corporate Business Update April 2017
Increased district court jurisdictionsLegislation to modernise New Zealand’s Courts has increased the civil jurisdiction of the District Court from $200,000 to $350,000.This means that the District Court now has jurisdiction to hear unit titles disputes where the order sought requires the payment...
Body Corporate Business Update
Difficulties with change of managerA recent High Court decision highlights one of the issues of non-regulation of body corporate managers and reinforces the importance of having a file handover process recorded in service contract between a body corporate and its body corporate manager. In Body C...