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Ivan McIntosh
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15-05-2013, 04:54 PM

Ivan McIntosh replied to a thread So we have a buying frenzy and guess what? in Property Investment (NZ)

It's a cost of immigration Davo, for semi-wealthy would-be citizens. They can then enter under a three year business migration visa. It's the sole...

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22 replies | 5425 view(s)
09-05-2013, 04:19 PM

Ivan McIntosh replied to a thread Cross-Lease / New Build question in Property Investment (NZ)

Can't tell you TLL....too many territorial authority and surveynig variables involved. I can only estimate legal cost of $2.5-4k plus GST, which...

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13 replies | 1865 view(s)
08-05-2013, 04:55 PM

Ivan McIntosh replied to a thread Cross-Lease / New Build question in Property Investment (NZ)

The owner of the third unit, if you were to do that, would be the proprietors of each cross lease title as tenants in common in the shares (usually...

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13 replies | 1865 view(s)
06-05-2013, 04:53 PM

Ivan McIntosh replied to a thread Crosslease: insurance clause worry in the lease in Finance, legal and tax (NZ)

I'm sure there are, and severely doubt the insurers would have any problem....it's just out of my area of expertise to make any pronoucement one way...

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6 replies | 2778 view(s)
06-05-2013, 01:42 PM

Ivan McIntosh replied to a thread Crosslease: insurance clause worry in the lease in Finance, legal and tax (NZ)

Just puts you all in breach of the lease. Shouldn't hurt your insurance as such. If you are worried, you might like to check with your insurer...

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6 replies | 2778 view(s)
30-04-2013, 05:19 PM

Ivan McIntosh replied to a thread Late body corp payments - Advice needed in Commercial Property (NZ)

There is nothing wrong with you suggesting it to them....it is simply raising an option if they are in difficulty. In terms of encouraging them to...

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7 replies | 10572 view(s)
30-04-2013, 05:16 PM

Ivan McIntosh replied to a thread Late body corp payments - Advice needed in Commercial Property (NZ)

Not legal, unfortunately. And I mean unfortunately. It is a shame the maximum interest chargeable wasn't set at a rate that would exceed the...

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7 replies | 10572 view(s)
30-04-2013, 11:01 AM

Ivan McIntosh replied to a thread To sell as two lots or one in Property Investment (NZ)

Yes was surprised at that drop also, although noted the purchase was in 2007 so may have been a bit on the high side. Still....seems a little steep...

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17 replies | 4735 view(s)

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About Ivan McIntosh

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About Ivan McIntosh

Location:: Auckland for work, Counties Manukau for home

Interests:: Rugby! Any sport my sons are playing. Reading, history.

Occupation:: Commercial and Property Lawyer

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Partner, Carter Atmore Law
09 921 5026 / 021 499 646 imcintosh@calaw.co.nz
The City Road Lawyer | The NZ Property Lawyer

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Last Post: So we have a buying frenzy and guess what? 15-05-2013 04:54 PM

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Join Date: 09-12-2010

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