Search results for 'Wade Hansen' (9)
A cross-lease title is a form of property ownership where multiple parties share ownership of a single piece of land, each holding a lease for their individual unit or dwelling.
Selling a property with known leaks or other defects? Make sure you carefully disclose all issues during the sale process, otherwise you could be responsible for the entire repair bill, even though you didn’t create the defects.
Real estate agents, vendors, lawyers and even tenants all have a role to play in ensuring purchasers can take possession of houses without fuss on settlement day.
The standard sale and purchase agreement designed by the Real Estate Institute of New Zealand (REINZ) and the New Zealand Law Society (NZLS) is a wonderful thing, but sometimes it doesn’t cover the special conditions that purchasers (or vendors) want. And when time is of the essence for getting the sale through, often Real Estate agents are required to draft a new clause for the agreement.
(Article) The responsibilities of a commercial landlord are different to the responsibilities of a residential landlord. Experienced commercial property lawyer, Wade Hansen explains in this article (click to read).
Richard and Sally are a couple looking to buy their first property in Auckland. The only problem is that house prices are reaching record highs and many houses are way beyond their budget. But all is not lost. Areas of land in the outskirts of Auckland are being “unlocked” and subdivided into sections to enable the likes of Richard and Sally to purchase their land and build their home. Richard and Sally are excited about this prospect but they don’t know much about “buying off the plans”.
The Auckland District Law Society “ADLS” produces the standard agreements that most, if not all real estate agents and lawyers use for the sale and purchase of residential property.
Trusts are coming under increasing scrutiny – experienced trust lawyer, Wade Hansen, outlines how to ensure that they are valid and being administered properly.
A flats plan is a plan attached to the cross lease title which shows the outline of the buildings on the land, allocates the building a “flat” or “area” number (e.g. Flat 1 or Area 1), and identifies the “exclusive use” area related to that flat or area. The exclusive use area is for the use of that particular flat owner to the exclusion of all other flat owners and is marked with a letter. The flats plan also shows any “common area” which is an area shared by all or some of the owners of the fee simple land and is usually a driveway or accessway.
