Traditionally the most common landlord’s protection against a tenant’s default is a personal guarantee by the guarantor under a Deed of Lease. However, it may not be cost and time effective to enforce the guarantee.
Blog
Property Law
Cross lease conversion
If you and your cross lease neighbours would like to convert your titles to a fee simple title, an important starting point would be the preparation of a subdivision agreement between yourselves and the neighbours.
Property – what happens when things go wrong?
Claiming for compensation under the ADLS/REINZ Sale and Purchase Agreement What happens if the purchaser discovers a defect with the property or a breach of the sale and purchase agreement by the vendor when settlement is coming up, and such issues cannot be resolved...
Boundary Fences
There are several important issues to consider when planning the construction of a boundary fence. This article highlights these issues, plus the usual rules regarding how costs are shared between parties and exceptions to these rules. Lastly, we examine ways to make...
Purchasing property in post-flood New Zealand
With extreme weather events becoming increasingly prevalent in our everyday lives, what does this mean for purchasing property?
Buying a property that is in or close to a flood prone area comes with several risks that prospective purchasers should consider before making a purchase.
Let intensification work for your cross-lease or unit title property
The current unitary plan opens up the opportunities to convert units in single-story complex, terrace houses and townhouses into fee simple properties.
Are you thinking of buying a house with friends or family?
Getting on the housing ladder is tough! It is therefore becoming commonplace for people to pool their resources for the purposes of buying property.
Don't miss our news
Subscribe to our newsletter
We send out a quarterly email update with our own Gaze Burt news and articles of interest to our clients. Sign up here to keep up to date with us.