Today will be a significant day for Real Estate Licensees as the new amendments to the Fair Trading Act 1986 come into effect. Real Estate Licensees will be required to comply with the Real Estate Agents Act 2008, their Code of Conduct and the new amendments to the Fair Trading […] Read More›
Property
The High Court has this month confirmed the long standing principle of Real Estate Agents entitlement to commissions on the sale of property when a Contract becomes unconditional. In CBRE (Agency) Limited v Martelli McKadam Solicitors Nominee Company Limited [2014] NZHC 805 (16 April 2014) the solicitors for the Vendor […] Read More›
A recent report commissioned by the Otago Regional Council on natural hazards potentially affecting different areas of Dunedin intended to guide the Dunedin City Council in its proposed rules for the new District Plan has highlighted liquefaction risks in significant areas of the city. The report found that some 27% […] Read More›
Many units in Body Corporate complexes are owned by investors through company entities. When a company gets into financial difficulties one of the options for secured creditors is to appoint a receiver. Obligations of receivers are generally governed by the Receiverships Act 1993. Recently the High Court was asked to […] Read More›