The aftermath of the Christchurch earthquakes has given rise to a number of commercial and legal issues for landlords and lawyers. From insurance questions, to rental abatement, access and questions of untenantability, the earthquakes have left their mark on the commercial property market.
Author Archives | debradorrington
Improvements rent percentage – Can landlords recover some of their costs?
Posted on 18 May 2012.
Posted in Legal0 Comments
Have we got the balance right? Is caveat emptor dying a slow death?
Posted on 18 April 2012.
A recent decision by the real estate agents disputes tribunal has left real estate agents and lawyers re-examining responsibilities on a sale. A purchaser looked for and thought they had found a property that was a house and income unit.
Posted in Legal0 Comments
Property Council Manifesto – Fast Forward to Growth
Posted on 16 April 2012.
The Property Council New Zealand recently released its manifesto Fast Forward to Growth. It is easy to read, focused on commercial property and aimed at encouraging growth, productivity and investment.
Posted in Legal0 Comments
What if Council information is wrong?
Posted on 10 April 2012.
I once heard a story about a property developer who purchased a property for residential redevelopment. Integral to the due diligence investigations was a LIM which clearly identified the location of services. Services were in a convenient position to enable redevelopment and the developer in our story proceeded
Posted in Legal0 Comments
Merry Christmas Mrs Forster
Posted on 05 March 2012.
Right at the end of last year a High Court judgement was released for the first prosecution under section 141 of the Real Estate Agents Act 2008. That is the section that prohibits a person who is not licenced under the act from carrying out real estate agency work. The section came into force on 16 November 2009.
Posted in Legal0 Comments
You snooze, you lose – RMA and the developer
Posted on 31 August 2011.
Agreements for sales off the plans will include sunset clauses – or “twilight” clauses as a client called them the other day. I like that new name it seems more accurate somehow.
Posted in Legal0 Comments
Bodies Corporate – who pays for what?
Posted on 08 June 2011.
In the past all body corporate levies have been assessed on unit entitlements. Because unit entitlements are based on value, historically different owners using the same facilities could be required to contribute to costs to differing extents.
Posted in Legal0 Comments
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