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Type: Posts; User: Xav

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  1. 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...
  2. 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...
  3. 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...
  4. Replies
    11
    Views
    1,249

    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...
  5. Thread: Ray White auckland

    by Xav
    Replies
    66
    Views
    14,936

    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...
  6. Replies
    5
    Views
    1,343

    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...
  7. 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.
  8. 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...
  9. 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...
  10. 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...
  11. 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.
    ...
  12. 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...
  13. Replies
    5
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    1,130

    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...
  14. Thread: urgh, lawyers...

    by Xav
    Replies
    17
    Views
    2,156

    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.
  15. Replies
    21
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    3,366

    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...
  16. Replies
    31
    Views
    4,439

    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...
  17. Replies
    31
    Views
    4,439

    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...
  18. Replies
    55
    Views
    9,536

    Well that was an anticlimax :p

    Well that was an anticlimax :p
  19. Replies
    55
    Views
    9,536

    Davo has bought at mortgagee sale before hence...

    Davo has bought at mortgagee sale before hence why it hasn't been mentioned.
  20. Replies
    55
    Views
    9,536

    Yeah the signs usually don't last long :). Not...

    Yeah the signs usually don't last long :).

    Not putting in any effort to help purchasers is probably intentional (ie. instructed by the bank). As you know the agreement has no warranties etc so the...
  21. Thread: Martin Jet Pack

    by Xav
    Replies
    26
    Views
    5,158

    You forgot 5 semi-colons, can't capitalise "for"...

    You forgot 5 semi-colons, can't capitalise "for" in the loop declaration and can't have commas in the number declarations :p. Pretty good effort though :D

    Apart from that looks about right based...
  22. Replies
    55
    Views
    9,536

    Davo, This is reasonably uncommon in my...

    Davo,

    This is reasonably uncommon in my experience (no access at all) but it does happen (nothing like 30% to 40% though, in my opinion). Your potential worst case is a few months of legal costs...
  23. Replies
    23
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    3,985

    Yeah it is. I hasten to add that I'm not the...

    Yeah it is. I hasten to add that I'm not the first person to point out Dean's ownership of that website on this forum, but it was a long time ago and I don't have the time to look up who it was.
    ...
  24. Replies
    23
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    3,985

    Haha, sure. And yet supposedly you don't know...

    Haha, sure. And yet supposedly you don't know much about "unscrupulous 'educators' flogging overpriced properties" (reference this thread).
  25. Replies
    23
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    3,985

    What amazes me is that after selling an internet...

    What amazes me is that after selling an internet based product someone can still be so clueless about the internet and the information that is readily available.
    ...
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