Tag Archives | landlords nz

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What if Council information is wrong?

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

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Unit Titles – 8 months on

The Unit Titles Act 2010 has been in force for over 8 months now. Most bodies corporate have had their first AGM under the new Act and made the necessary decisions. The next key date is 1 October 2012. By this date:

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What is quiet enjoyment?

The right of a lessee under a commercial lease to quiet enjoyment is implied in the majority of leases. The implied covenant is a limited guarantee that the lessee can occupy the premises without interruption or disturbance from the lessor, or persons through whom the lessor derives title or persons who claim through the lessor.

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Paying Tenancy Bond By Installments

When a tenant signs a tenancy agreement they are required to pay a security deposit – this is called a Bond. The tenant bond is held by a third party and can be used at the end of the tenancy to pay repair costs or cover unpaid rent and of course can be paid back […]

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The Process When a Tenancy Agreement Ends

All tenancy bond agreements have a life span and as the come to their end you need to know how to close out the agreement. There is a set process for this, beginning with either the landlord or the tenant initiating the process, if both parties can agree to the terms, then the termination will […]

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