Property Lawyers Christchurch

As soon as possible.

There are new rules that need to be met, such as:

• Residency requirements to own residential property in New Zealand.
• The bright-line rules for the sale and purchase of a residential property.
• Insurance and EQC issues where a property was damaged by the earthquakes (whether or not the repairs have been done).
• The importance of getting your own building inspection.
• Getting your finance pre-approved and if you are a first-time buyer.
• The requirements around Kiwisaver withdrawals and HomeStart grants.

We can go through all of this with you so that you're on track before taking the next step.

Check with us before you sign the Agreement. We'll make sure that all the appropriate conditions are included in your offer so you can complete the necessary checks on the property before committing to the purchase. You will need to make sure that you have funds available to pay the deposit when required.

Let us know so that we can make sure the real estate agent sends us a copy of the signed agreement.

From there, we will check the LIM and title of the property and work with you regarding your building inspection and final approval of your finance and insurance and look at the EQC claim information (where required).

Once you are satisfied with everything, the contract is then confirmed, you will pay the agreed deposit and once we have received lending instructions from your bank, we will meet with you to have documents signed to complete the purchase on the agreed settlement date. That is the day you will take possession of the property and become its new owner.