09 Jan 2013
The Importance of Transferring Water Permits When Selling Rural Land
Having access to water makes a big difference to the value of farm land. Water permits can be essential to a farm or vineyard’s operations. Water permits can therefore be extremely valuable, and buyers of rural land or businesses should make sure there is a valid water permit in place, and that it can be transferred. Read more ›
17 Jan 2012
New Building Work Restrictions Could Catch Vendors Out
From 1 March 2012, most design and building work on residential buildings can only be carried out or supervised by people licensed under the Building Act 2004. This means that the standard vendor’s warranties in a sale and purchase agreement may have to be amended. Read more ›
18 Nov 2011
Easements - What are they?
When buying the property, you may be told that there is an easement registered against the title for the property. An easement is created when one land owner grants someone else (usually the owner of some other land or a services company) the right to do certain things on part of their land. Read more ›
17 Nov 2011
Disclosure Requirements Under The Unit Titles Act 2010
Before a buyer signs a sale and purchase agreement for a unit title property, the seller must give the buyer a “pre contract disclosure statement”. The second schedule to the regulations contains the form of pre contract disclosure statement that must be used. The disclosure statement must include the following information... Read more ›
16 Nov 2011