Buying your Property

You have worked hard and saved up enough money for a deposit. It’s finally time to buy your first house. Buying a property is one of the most significant decisions a person can make, with plenty of time and money invested in a purchase. With plenty of legal procedure to be followed and policy to adhere to, buying a property can be a difficult process for the unaware.

  • Buying a first home? Research your Area

    It’s crucial to research the area where you plan to settle for a significant part of your life. With this being your first purchase, it can be overwhelming with just how much research you need to carry out! Things you should account for include your daily commute, the safety of the neighbourhood, as well as the proximity to supermarkets and other places that you might want to visit on a regular basis. If you have a family, then you should be selecting a home in areas zoned for good schools, and proximity from healthcare facilities. It might seem like there’s always something else popping up, another thing to look into, but it will be worth it for the level of detailed insight that only thorough research can provide.

  • Buying a property with the assistance of a conveyancing lawyer

    Buying a property is known to be a complex and lengthy legal procedure. All the paperwork and documentation can be difficult for someone who is not well-versed with various laws and corresponding paperwork that is required to make a property transaction legal. Having a lawyer is extremely beneficial to get everything under control from day one. An experienced property lawyer can provide guidance and answer any questions, all whilst ensuring that your dream home meets all the building codes, local and national legislation, before you sign on the dotted line.

  • Making the best offer

    When you find your dream home, be cautious to not jump the gun with an impulsive offer. The negotiation stages are just as important as your research. Once the real estate salesperson sends you your initial offer, use a conveyancing solicitor to get the very best offer on the table.

buying a property
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Conclusion
Now that your offer has been accepted, it’s important that you bring the process of buying a property to its close! With the help of your property lawyer, you can get the legal documents prepared and have them signed. Settlement, payment, mortgages etc. all depend on being filled and filed with the right information at the right time. It might seem like the hard work never ends, but there is a light at the end of the tunnel: your new home will be yours!

Get our free, no-obligation conveyancing quote here

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Our legal tips are provided by the Auckland lawyers and conveyancing specialists at Quay Law (New Zealand). These articles cover a range of legal topics and news worthy articles.

We are lawyers in Auckland, who provide practical legal services and conveyancing to a diverse range of New Zealand and overseas client needs. Centrally located in Remuera, Auckland, we look forward to working with you.

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Our Legal Services

Our lawyers in Auckland provide practical legal services for a diverse range of client needs.

CONVEYANCING (RESIDENTIAL AND COMMERCIAL)

Our property lawyers understand that property refinancing and property transfer or conveyancing transactions are diverse and can range from the sale or purchase of a residential house or apartment to something more complex. Transactions may focus on any property market be it retail, office, industrial, retirement villages, residential or rural.

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REFINANCE, DEBT RESTRUCTURING OR CONSOLIDATION

Loan Refinancing may refer to the replacement of an existing debt obligation with a debt obligation under different terms.

If the replacement of debt occurs under financial distress, refinancing might be referred to as debt restructuring or debt consolidation.

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WILLS AND ESTATE ADMINISTRATION

Everyone over the age of 18 years should have a will.  This will ensure that your assets will be bequeathed to those persons or entities whom you wish to benefit from your estate. We are able to manage the administration of your assets on death and provide advice to estate executors on any legalities that may arise.

We also provide the following ancillary services

  • Enduring Powers of Attorney
  • Powers of Attorney and Deed of Delegation
  • Matrimonial and De Facto Claims against your estate

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ESTATE PLANNING, TRUSTS AND ASSET PROTECTION

We specialize in the establishment of the Trust and thereafter are able to support the ongoing management of your Trust along with your Trustees.  It is essential that your most important assets are protected during your lifetime and on your death.

 Please contact us for family trusts

TAXATION

Types of taxation related services include but are not limited to

  • Investment Properties
  • Income structuring
  • Income Splitting for Family
  • Pre immigration planning.

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RELATIONSHIP PROPERTY

The drafting of a relationship property agreement requires skill, diplomacy and a good understanding of your requirements to ensure that the desired outcomes are achieved should a separation occur. We are able to assist with setting up Relationship Property Agreements and Separation Agreements.

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COMMERCIAL | BUSINESS LAW

 

Types of products and services we provide:

  • Leasing
  • Business Sales and Purchases
  • Business Refinancing
  • Company Formation
  • General Security Agreements
  • Debt Collection
  • Partnerships
  • Shareholders Agreements
  • Small Business Advice
  • Business and Marketing Plans
  • Strategic and Marketing Advice
  • Guarantees
  • Terms of trade
  • Financing
  • Franchising
  • Joint Ventures
  • Consumer protection

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FRANCHISING

Whether you are a franchisee or franchiser, large and small, we are able to assist you in setting up franchises, entering/buying a franchise, writing and reviewing franchise documentation and expanding franchises, in a personalised, professional and efficient manner.

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IMMIGRATION

Our lawyers in Auckland can assist you with:

  • Providing general immigration advice.
  • Attending to you visitor, work or residency visa / permit applications.

Please contact us for NZ Immigration

 We can help you with:Rules of the Body Corporate
Management of the Common Property
Establishment of the Board of Trustees (the committee)
Regulations governing the Board of Trustees
Provide insight and objective advice on Body Corporate matters
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SOCIAL MEDIA LAW

Social media includes web-based and mobile technologies used to turn communication into interactive dialogue. Social media is media for social interaction as a super-set beyond social communication. Enabled by ubiquitously accessible and scalable communication techniques, social media has substantially changed the way organizations, communities, and individuals communicate. This has in turn had an impact on the law.

Please contact us at Quay Law Remuera for Social Media Law

CONVEYANCING, FAMILY TRUSTS AND GENERAL ADVICE

Our lawyers based in Remuera are also able to provide advice on general New Zealand legal matters.

If you require expertise beyond our practice, we are able to arrange this necessary expertise for you.

Referrals to Barristers are also provided.

Our Auckland solicitors also practice in Social Media Law.

For more information, please contact a lawyer at Quay Law Barrister and Solicitors.

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“Law and order are the medicine of the body politic and when the body politic gets sick, medicine must be administered.”
– B. R. Ambedkar
Anonymous • Quote of the Day
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