Developers commonly become members of the body corporate committee, especially if units remain unsold or it is a staged development, so as to retain control.
It's tricky – anticipating what the bank will want; especially if your plan is to change lenders once development funding is needed. It definitely involves wearing...
Buller District Council and Swordfish Co Limited, a property developer, have been before the High Court a couple of times debating whether or not the council...
Common areas and the requirement to become a member of a society or a shareholder in a company have been popular means of managing residential subdivisions...
The changes to the NZ investor migrant policy that we flagged a couple of months ago have just been made operative. This should be of interest...
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...
The Supreme Court decision in Mana Property Trustee Limited v James Developments Limited gives some useful advice about minimum area clauses which developers/purchasers entering pre-sales contracts...