When buying a property it is important to consider what the best form of ownership is for your situation. This will differ depending on if you are buying a rental investment property or a home to live in as well as your personal circumstances so it is essential to get professional advice on your structuring options.
Joint Tenants vs Tenants in Common
What will happen to your property when you die?
Do you own a property jointly with another person? (be it a husband, wife, business partner, family member or friend) Is the property registered in your personal names as opposed to a trust or company? continue reading »
Foreign Ownership of Property in New Zealand
Can foreigners purchase property in NZ?
The answer is generally yes, a non-resident can purchase a regular house or section of land without any restriction. The only exception is if the property is classified as being “sensitive land”, if this is the case OIA consent is required prior to purchasing. continue reading »
