Cross leases were originally developed in the 1960s as a way of getting around restrictive subdivision requirements and saved developers in cost and time. They have however been labelled New Zealand’s “greatest conveyancing issue”.

If you happen to be interested in a mortgagee sale property, can you purchase it at all and how does a mortgagee sale auction differ from an ordinary auction? These are the questions we will explore in this article.

Aimed at addressing the New Zealand-wide lack of affordable houses, it requires certain councils (including Auckland) to incorporate new medium-density residential standards into their unitary plans.

When trying to cancel a contract, parties often rely on two clauses in off-plan agreements: a sunset date clause or a force majeure clause.