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Type: Posts; User: Xav

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  1. Replies
    30
    Views
    2,276

    Dean is correct about the general process you...

    Dean is correct about the general process you should be taking, technically it would be the Court Bailiff that enforces the order but that will usually involve the police. You definitely need to see...
  2. Replies
    101
    Views
    8,601

    I don't know how helpful it is to look at it that...

    I don't know how helpful it is to look at it that way. The problem with comparing property and forms of investment based in business is that in those other forms of investment the potential for...
  3. Replies
    57
    Views
    5,260

    Yes, it sure does. I would agree that if a...

    Yes, it sure does.

    I would agree that if a property is cashflow positive then you probably only need it to match inflation (depending on your goals of course). Even a cashflow neutral property...
  4. Replies
    2
    Views
    501

    Users considering using this company may wish to...

    Users considering using this company may wish to consider:

    1. This thread:
    http://www.propertytalk.com/forum/showthread.php?36335-Freehold-Express

    2. Commerce Commission annual report...
  5. Replies
    57
    Views
    5,260

    Just to expand on a couple of things that...

    Just to expand on a couple of things that HouseWorks and Cube have already mentioned:

    1. What matters isn't so much how much the value of your investments has increased by, but how much your...
  6. Replies
    31
    Views
    5,246

    The editing of my post has made it not terribly...

    The editing of my post has made it not terribly useful. Originally I linked to the public visitor messages for the user Damap on these forums, which revealed that user is Dean Letfus and talked...
  7. Replies
    31
    Views
    5,246

    Perhaps you could ask him about seeing some money...

    Perhaps you could ask him about seeing some money when he sells his house in Huntly. But I wouldn't hold your breath.
  8. It depends on the terms of your cross-lease, but...

    It depends on the terms of your cross-lease, but generally for a fence (or other structure) you can build it but only with the consent of the other owners (which usually can't be unreasonably...
  9. This was a good thread until it devolved into...

    This was a good thread until it devolved into essentially one person talking to him/herself.

    SuperTenant, there is a "reply with quote" at the bottom of each post. If you use it in future it...
  10. Replies
    100
    Views
    11,141

    Your friends may want to take some legal advice,...

    Your friends may want to take some legal advice, under most policies the insurance company is obligated to pay out the indemnity value of the property once it is deemed a rebuild (this is an interim...
  11. Replies
    11
    Views
    1,933

    You might want to consider buying that bit of...

    You might want to consider buying that bit of land, that way they have an incentive to actually do something. Plus it results in a slightly tidier outcome. Looks like it's 5m2 or less so the cost...
  12. Thread: Ray White auckland

    by Xav
    Replies
    82
    Views
    21,166

    No, it's not a legal requirement, unless the...

    No, it's not a legal requirement, unless the vendor told them to.

    I find usually they have a book you're supposed to fill out but they don't push the issue. This is in Western Christchurch though...
  13. Replies
    5
    Views
    3,232

    What is this for Keys? Not that common to hear...

    What is this for Keys? Not that common to hear the word memorial used much any more, it's not even on LINZ's glossary for example (although they do use it, see here for example). Your definition is...
  14. The settlement date is defined (clause 1.1(20))...

    The settlement date is defined (clause 1.1(20)) as the date specified as the settlement date in the agreement. Whether or not the sale actually settles on that date is irrelevant to the definition.
  15. Yes, there are some real issues with the new GST...

    Yes, there are some real issues with the new GST regime from a practical point of view.

    Rosco's post above (the NASTY one) assumes that the purchase price is inclusive of GST. For any GST...
  16. I'm not sure but I would guess that relates to...

    I'm not sure but I would guess that relates to what the vendor wants to try to claim depreciation on, rather than GST. Have you claimed any depreciation? If so you should run it by your accountant to...
  17. Hi Candy, What this means is that the...

    Hi Candy,

    What this means is that the purchaser is GST registered, so they are going to claim an input tax credit on purchase. So say the property sold for $460,000, the purchaser pays you...
  18. The wording of clause 4.2 is a bit interesting...

    The wording of clause 4.2 is a bit interesting given the risk passing etc provisions refer to the giving and taking of possession, but the untenantability provisions refer to the settlement date.
    ...
  19. Firstly, it's not illegal for two parties to...

    Firstly, it's not illegal for two parties to insure against the same risk. It's not even illegal for the same party to insure against the same risk more than once. You just can't profit from it (the...
  20. Replies
    5
    Views
    1,807

    If you bid against a vendor bid you're giving the...

    If you bid against a vendor bid you're giving the vendor additional knowledge (that you're prepared to pay at least what you bid up to). So yeah, don't do it. Just let it pass in and then negotiate...
  21. Thread: urgh, lawyers...

    by Xav
    Replies
    17
    Views
    3,308

    This seems very unusual to me (and a bad idea)....

    This seems very unusual to me (and a bad idea). Based on what you have said I would also expect the lawyer to pay any late settlement fees. And I wouldn't use that lawyer again.
  22. Replies
    21
    Views
    4,797

    I have heard of similar things happening...

    I have heard of similar things happening recently, but usually as a trade off for something else and never not refundable. For example, the shareholders of the tenant company didn't want to give...
  23. Replies
    31
    Views
    6,013

    It's a criminal offence under section 249 of the...

    It's a criminal offence under section 249 of the Crimes Act. The police may or may not take action but I would suggest the complaint should be laid regardless.

    Olly, when you say database do you...
  24. Replies
    31
    Views
    6,013

    Wow that sucks. An IT contractor? I assume you...

    Wow that sucks.

    An IT contractor? I assume you have laid a complaint with the police and contacted your web hosting company as a first step.

    Edit: Just a quick addition to grip's post, the host...
  25. Replies
    55
    Views
    11,951

    Well that was an anticlimax :p

    Well that was an anticlimax :p
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