Coffee

Category: Property & Real Estate

  • Leasehold Land

    29 November 2023

    Did you know there are several different types of residential properties in New Zealand? It is, therefore, imperative you undertake your due diligence before entering into an unconditional agreement to purchase a property. Ensure the property is the right type of property for you; regardless whether it be freehold, cross lease, a unit title, or leasehold property.Leasehold is a less common type of property in New Zealand. More often than not, you will find leasehold properties are apartments or properties ...

  • Strengthening the Retentions Regime

    30 October 2023

    The collapse of Ebert Construction in 2018 highlighted the lack of protection in the then current retentions regime in the Construction Contracts Act 2002 (CCA). The Construction Contracts (Retention Money) Amendment Act 2023 (Amendment Act), which came into force on 5 October 2023, increases protection for subcontractors working on commercial projects by ring fencing their retention payments and creating reporting obligations. In particular:• the retention is automatically held on trust as soon as an amount becomes “retention money” under the ...

  • Tiny Homes – time to review

    23 March 2023

    Tiny or modular homes have become popular in New Zealand in recent times. This is not surprising. Housing affordability and constraints on the building sector have proved challenging to many would-be home buyers. The tiny home option offers an affordable alternative with a simple building and consents package. It also appeals to those looking at retirement or a lifestyle change.Unfortunately, the problem with tiny home providers is their tendency to go broke, leaving buyers out of pocket with no home.The ...

  • Managing Emergencies and Risks

    3 February 2023

    Like you, we are concerned by the recent unexpected serious flooding that has impacted Auckland. We now appear more exposed to extreme weather events. We care about your welfare and want to help you going forward, by being prepared for the future, and dealing with the impact of the recent flood.In preparation for future events, we recommend that you do a risk assessment for your business, your family, and yourself. We have included a few useful links below.Developing Business Continuity ...

  • Managing Emergencies and Risks

    2 February 2023

    Like you, we are concerned by the recent unexpected serious flooding that has impacted Auckland. We now appear more exposed to extreme weather events. We care about your welfare and want to help you going forward, by being prepared for the future, and dealing with the impact of the recent flood.In preparation for future events, we recommend that you do a risk assessment for your business, your family, and yourself.  We have included a few useful links below.Developing Business Continuity Plans ...

  • Case Update: Signed and Delivered Agency Agreement Critical to Claiming Commission

    7 November 2022

    A real estate listing or agency agreement will be familiar to many. It authorises a licensed real estate agent to act on behalf of a client in undertaking a sale or lease of property, and sets out the scope of the agent’s authority to do so in exchange for a fee in the form of a commission. As many will also know, most agency agreements include an obligation to pay commission where the purchaser or lessee was first introduced by ...