New builds and off-the-plan purchases often involve different contracts, longer timeframes, and additional considerations compared to buying an existing home. A property lawyer can explain the terms, help manage risks, and guide you through the process from contract through to settlement.
What legal checks should be completed before buying a property?
Before becoming committed to a purchase, it’s important to understand issues that may affect the property, such as title matters, easements, covenants, consent issues, and information contained in LIM reports. Seeking legal advice early can help you make an informed decision before proceeding.
Can I buy my first home with help from my parents or family?
Yes. Many first-home buyers receive assistance from family members through gifts, loans, guarantees, or what is commonly known as the “Bank of Mum and Dad”. A lawyer can help structure these arrangements correctly and ensure everyone’s interests are protected.
Many first home buyers are also eligible to withdraw funds from their Kiwisaver to assist with the purchase. A lawyer can help explain and manage the withdrawal process.
Do I need a lawyer before making an offer on a house?
While it isn’t legally required, obtaining legal advice before making an offer can be extremely valuable. A property lawyer can review the agreement, explain any conditions, and ensure you understand exactly what you’re committing to before you buy. It is also useful to complete client onboarding with your lawyer before you make an offer to ensure you have complied with the Anti-Money Laundering (AML) requirements.
When should I speak to a property lawyer when buying my first home?
It’s a good idea to speak to a property lawyer before signing an agreement, attending an auction, or making an offer on a property. Getting legal advice early can help you understand your obligations, identify potential risks, and avoid costly surprises later in the process.
How long does the summer program run for?
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Can I come in and talk about a clerk position?
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Do you Offer transfers between offices within New Zealand?
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What do I need to apply for a grad position?
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