The Queenstown Lakes District Council announced changes to short-term visitor accommodation rules, covering the likes of Airbnb, for certain zones earlier this year – but that didn’t account for all properties.
It might be more than 40 years old, but recent research reveals a concerning lack of understanding still prevails around who gets what under the Property (Relationships) Act 1976 in the event of a break-up or one partner dying.
Our Directors, Janice Hughes and Mike Toepfer, are both a bit shy about highlighting their ages … but their number of years specialising in property law work is a bit of a giveaway.
Generally speaking, GST on a property sale and purchase between two GST-registered entities results in a ‘GST neutral’ position for both the seller and the buyer. It’s essential that the sale and purchase agreement contains the correct wording, particulars and information in respect of the GST position of the parties to the agreement.
A recent Court of Appeal decision highlights the need for anyone selling a property to be very careful about the statements they make to a potential purchaser.
One of the most rewarding aspects of what we do is giving back and paying it forward through our Community Relations Programme, which includes our pro bono work with numerous organisations.
It was quite the surreal situation ... the former Prime Minister in the dock – not as a star witness, but as a defendant. How paradoxical that such an accomplished luminary – someone who’d once run the entire country – was accused of failing so terribly in her governance of a construction company.