Are you in the process of buying or selling a commercial or rural property?
Engaging a solicitor to review your property agreement is a crucial step to ensure a smooth transaction.
At Atkinson Crehan Law, we recommend having your Agreement for Sale and Purchase thoroughly checked by our experienced team before you sign it. This precaution allows us to review the conditions and incorporate additional safeguards tailored to your needs. Our comprehensive services include:
Title Search and Ownership Options
We conduct a meticulous search of the property title to confirm its status and any encumbrances that might affect your transaction. Our team will discuss various property ownership options with you, helping you choose the best structure for your investment, whether it’s for commercial or rural property.
Due Diligence Assistance
Navigating due diligence is crucial in both commercial and rural property transactions. Assisting you in identifying and resolving any issues that may arise during this phase, ensuring you make informed decisions. Our expertise covers environmental assessments, land use permissions, and compliance with local zoning laws.
GST and Financial Considerations
Understanding the GST implications of your property transaction is vital. Our solicitors ensure all GST matters are handled correctly, avoiding any unexpected liabilities. Providing clear explanations and guidance, so you fully understand your financial commitments and benefits.
Document Review and Explanation
Key documents such as leases, resource consents, and water rights are integral to property transactions. The Atkinson Crehan team meticulously reviews these documents, ensuring they are accurate and favourable to your interests. We take the time to explain each document in detail, so you’re fully informed and confident in your decisions.
Local Market Expertise
With extensive experience in rural and commercial property law, our firm offers valuable insights into the local market. Whether you’re buying a sprawling rural estate or a prime commercial property, our knowledge ensures you’re well-positioned to achieve your goals.
Personalised Legal Support
Every property transaction is unique, and we provide personalised legal support tailored to your specific needs. From initial consultation to final settlement, our dedicated team is with you every step of the way, offering expert advice and support.
Ensure your commercial or rural property transaction is handled with the utmost professionalism and care. Contact Atkinson Crehan Law today to schedule a consultation and secure the legal expertise you need for a successful property transaction.
IMPORTANT: Summer 2024 Edition Update
In the Summer 2024 edition of Commercial eSpeaking published on 4 February, we ran a short item in the Business briefs section (page 4, column 4) on the Business Payments Practices Act 2023.
Despite no prior signal from the government, on 22 February the Small Business and Manufacturing Minister, Andrew Bayly announced the government will repeal this legislation.
The Minister said, “There is a major problem with large market players imposing long payment terms and routinely paying invoices late.
“However, the Business Payment Practices Act is not an effective solution and would impose unnecessary compliance costs to over 3,000 businesses upgrading their ICT systems. Australia implemented a similar scheme in 2020, but a recent review of the scheme’s effectiveness found that payment times have not reduced.
“Furthermore, small businesses can already find out which companies are late payers through a credit agency at minimal cost.
“The Government will be requiring government agencies to adopt faster payment times, including for eInvoices, which will support business cashflow and encourage the growth of eInvoicing.
“We will also work with BusinessNZ to create an industry-led voluntary code to ensure small businesses are paid on a more timely basis.”
When replacement legislation works its way through the House, we will let you know; the government has given no indication when this will be.