GE Image Gallery 133

Category: Property & Real Estate

  • Body Corporate Update October 2017

    5 October 2017

    Layered Developments A layered development is the creation of a new unit title development within anexisting unit title development – a little like a Russian Doll. Sections 19-22 of the Unit Titles Act 2010 (“UTA”) provide for the creation of subsidiaryunit title developments that sit within and alongside each other under a head orparent development. Examples of layered developments are set out in diagram formin schedule 1 of the UTA. The UTA has provided for layered developments since it came ...

  • Land Development - Removal of Redundant Interests

    5 October 2017

    A hot topic, at the moment, in land development is the creation of affordable housing. Affordable housing is a goal that many seek to achieve through cheaper construction methods, cheaper sales methods, and increasing the speed and efficiency of the build itself. But at the outset of a development even as early as the master planning phase, the removal of redundant easements and land covenants on the title can have a significant downstream effect in terms of lessening costs and ...

  • Home Buyer Assistance

    5 October 2017

    Helping first home buyers, especially in the Auckland marketplace, has been a topic of much discussion in 2017. While there are price pressure points, economic and lending hurdles to be overcome, there are several products and subsidies available to first home buyers, who can use the products and subsidies in conjunction with each other. The products and subsidies will help first home buyers onto the property ladder ...

  • Building Owners and Occupiers -​ Asbestos Management Obligations

    5 October 2017

    Due to its strength, durability, and resistance to fire and water, asbestos was widely used in building products up until the 1990s. However, Worksafe now reports asbestos as being New Zealand’s number one killer in the workplace and believe around 170 people die each year from asbestos-related diseases.The Health and Safety at Work (Asbestos) Regulations 2016 were introduced to try and protect as many people as possible from exposure to asbestos fibres in the workplace. While these Regulations include a ...

  • Body Corporate Business Update September 2017

    7 September 2017

    RedevelopmentThe Unit Titles Act 2010 provides for unit owners and the body corporate to amend orreplace the unit plan by carrying out a “redevelopment”. A redevelopment encompassesboundary adjustments between units, boundary adjustments between units and thecommon property, the creation of new units, or the amalgamation of existing units.Sections 65-71 set out the requirements and procedures.A redevelopment can be used in a variety of circumstances to provide for the changingneeds of unit owners and occupiers.To learn more about how and when ...

  • Body Corporate Business Update August 2017

    3 August 2017

    Earthquake-prone Buildings – Legal UpdateThe Building (Earthquake-Prone Buildings) Amendment Act 2016 (“EPB Act”) came into force on 1 July 2017. It amends the Building Act 2004 by introducing a new nation-wide regime for identifying and managing earthquake-prone buildings (new Subpart 6A). The legislative update comes in the wake of Christchurch, Sneddon and Kaikoura earthquakes. The changes replace the previous regime, which had been in place since 2006.The Building (Earthquake-Prone Buildings) Amendment Act 2016 attempts to balance the protection of people ...