If you want to keep up with the latest changes in the law, you have come to the right place. Glaister Ennor produces three newsletters, free of charge. (How often do you hear a lawyer say that?).
Body Corporate Business deals with Body Corporate and Unit Title issues and published monthly. Please find the latest version here.
In Brief covers a broad range of legal issues and published three times a year. Please find the latest version here.
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An independent survey conducted in 2017 reported around 1,500 New Zealanders every year die intestate; that is, die without a will. While it is difficult to think about your own mortality, having a will allows you to have a say what happens to your assets on your death, which is an important part of ensuring the people you care about are taken care of.It is a common misconception that your property will automatically go to your next of kin if ...
Title defects are like one of the many dormant volcanoes that pepper the Auckland region: they sit quietly in the background causing no issues, until one day…Property owners will often not realise their title contains a ”defect” until they want to do something with the property; such as, re-mortgaging, selling, or starting building improvements. Fixing a title defect can be costly and time consuming, and if not resolved correctly, can scupper even the most carefully arranged plans. Luckily, Glaister Ennor ...
Under new urgent measures legislation, an overseas person must now obtain a direction order before acquiring any property used in carrying out a business or acquiring any significant interest in a NZ entity. The Overseas Investment (Urgent Measures) Amendment Act 2020 has wide reaching ramifications for any transaction with an overseas connection.COVID-19 brought a number of challenges to the New Zealand economy. Covid-19 has placed businesses under pressure, and one result of that pressure is the fall in value of ...
From the outset, it is important for landowners and developers to consider the existence and impact of any restrictive land covenants on the title to the land. This consideration has become increasingly important with the continuing increase in the intensification of developments and expansion of non-urban areas.What is a restrictive covenant?A restrictive land covenant is a promise not to do something that is registered against the land and imposes restrictions on how that land can be used. These covenants are ...
Operational rules are intended to help bodies corporate manage their unit title developments. The helpfulness of operational rules is, however, measured against the ability of a body corporate to enforce those rules against owners and occupiers.Under the Unit Titles Act 2010 (UTA), every body corporate must have operational rules at all times (section 105(1)). These operational rules may be the default statutory rules, or rules adopted by the developer or body corporate and registered with Land Information New Zealand.The default ...
Calculating Holiday Pay – Impact of BonusesAn employer has an obligation to pay all employees the right amount at the right time for holidays and annual leave.Make the payment for annual holidays at the start of an employee’s holiday and calculate the payment at the rate of the greater of the employee’s ordinary weekly pay or average weekly earnings for the preceding 12-month period. Ordinary weekly pay or average weekly earnings are calculated based on the employee’s gross earnings. The ...
