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FYI Just had the following from my lawyers newsletter.. Not sure though what happens about/where that leaves botched repairs/re-repairs - suggest you get legal advice
"Limitation: TIME RUNNING OUT ON CLAIMS"
"Last year insurers issued statements about dates on which they would… View moreFYI Just had the following from my lawyers newsletter.. Not sure though what happens about/where that leaves botched repairs/re-repairs - suggest you get legal advice
"Limitation: TIME RUNNING OUT ON CLAIMS"
"Last year insurers issued statements about dates on which they would rely on a defence under the Limitation Act(s) that require court proceedings to be brought within 6 years on which a homeowner could first sue otherwise the claim is no longer enforceable. Those dates are fast approaching."
"AA, Vero, FMG, MAS, and the IAG brands agreed not to plead a limitation defence for any residential earthquake damage claim where proceedings are filed in Court before 4 September 2017. Southern Response will not rely on a limitation defence until 4 September 2018. If an insured does not sue before these dates the claim dies. This includes claims that are under cap, but may go over cap post limitation expiry. Insureds ought to prepare to sue now."
"District Court limit now $350,000.00
"
"On 1 March 2017 the District Courts Act 2016 came into effect. The District Court can now accept claims up to $350,000 rather than the previous $200,000.
This will enable many insurance/EQC earthquake claims to be filed in the District Court with its cheaper filing fee ($200 vs $1350). The District Court also operates a fast track for earthquake claims shortening time frames for events"
Christchurch’s budding young artists and designers are being given the opportunity to create a unique public art work for Hagley Park.
As part of its Re:ACTIVATE programme SCAPE Public Art is on the hunt for young creatives who want to stamp their mark on Christchurch by having an art work … View moreChristchurch’s budding young artists and designers are being given the opportunity to create a unique public art work for Hagley Park.
As part of its Re:ACTIVATE programme SCAPE Public Art is on the hunt for young creatives who want to stamp their mark on Christchurch by having an art work they designed super-sized and publicly displayed for a six-week season, beginning in October.
Last year seven-year-old George Lewis’ drawing was turned into a 1.9 metre by 1.45 metre artwork, titled Sunbeam and displayed in the Re:Start Mall.
This year the best two art works will be displayed in Hagley Park.
More information can be found here, on Newsline, ccc.govt.nz...
Visitors to QEII Park now get to see the new QEII Recreation and Sport Centre take shape above ground.
Read more at Newsline: bit.ly...
Hi neighbours,
I'm looking for a piece of plywood preferably 2.2m x 1.030 for my funky new shed floor. If anyone has some they want to discard please let me know. Many thanks!!!
Renee
Carabiner Mentoring is a unique programme for young people with disabilities who demonstrate the skills, motivation and determination to achieve a specific aspirational goal.
Carabiner matches young people with “experts” and leaders in the field that they are aspiring towards. Mentors do … View moreCarabiner Mentoring is a unique programme for young people with disabilities who demonstrate the skills, motivation and determination to achieve a specific aspirational goal.
Carabiner matches young people with “experts” and leaders in the field that they are aspiring towards. Mentors do not need experience with disability, as the most important link between the young person and the mentor is the shared interest and the introduction to a new network that can support the mentee with their goal.
Mentor Vacancies
We are currently on the search for two mentors.
Game Developer Mentor
Mentor wanted for a young male who is passionate and skilled in computer game development. The young male's goal is to create more advanced games
Sound Mentor
Mentor needed for a young male with an interest in sound systems. He would love to be a "sound guy."
Both of these young males would really value the opportunity to talk with someone in their field of interest.
If you would like to find out more about Carabiner Mentoring or are interested in becoming a mentor for one of the young men above, please message us or email kerri@carabiner.org.nz
Auction Preparation
Property is often purchased and sold in New Zealand, particularly in a seller’s market, via auctions. However, buyers frequently underprepare for an auction and are caught out when the hammer falls.
When purchasing at auction, a buyer is making an offer unconditionally. In … View moreAuction Preparation
Property is often purchased and sold in New Zealand, particularly in a seller’s market, via auctions. However, buyers frequently underprepare for an auction and are caught out when the hammer falls.
When purchasing at auction, a buyer is making an offer unconditionally. In essence, this means that the highest bidder over the reserve (being the lowest sum that the seller determines it will sell at) is making a binding cash offer and entering a binding agreement with the seller.
Accordingly, buyers need to have completed all of their due diligence investigations and asked all of their key questions before the auction.
Talk to the agent
Before attending and bidding at an auction, buyers should obtain as much information as possible about the property by:
• Talking to the listing agent;
• Reviewing the history of the land and the buildings via reports provided by the seller, the agent or purchased via a lawyer or the local council; and
• Asking questions about the number of parties interested in bidding at auction and at what price such parties are registering their interest.
Some of the types of reports that a buyer might need will be contained in the agent’s auction pack.
Any buyers considering a bid should register their interest with the agent.
If a third party makes a pre-auction offer, the auction must be brought forward. As such, interested buyers will need to be prepared to bid at the early auction, including having funds available to pay the deposit which must be paid on the auction day.
Review the auction terms and conditions
The agent should provide potential buyers with a copy of the auction terms and conditions of sale.
Buyers should review these terms carefully, to ensure that the proposed chattels list is correct and that the settlement date is practically and financially achievable.
Buyers should also be checking these terms to see whether any standard conditions have been deleted or varied, including disclaimers of warranties or information about a property. This aspect (if not the terms as a whole) should be reviewed by a lawyer for certainty.
Get legal advice on the title
In becoming the buyer, the successful bidder will have accepted the legal title to the property (the instrument that details the key legal interests and restrictions that apply to the land) and the auction terms and conditions of sale. It is, therefore, extremely important that prospective buyers seek advice on the title before attending an auction; prudent buyers will also have taken advice on the auction terms and conditions of sale.
If, in obtaining advice, a buyer discovers an issue with the property, agreement or the title, he or she may raise such an issue as part of pre-auction negotiations. In some instances, variations may be agreed such that they apply in respect of the successful bid as between the seller and the particular buyer that negotiated such variations.
Due diligence
A Land Information Memorandum (LIM) is a report prepared by the relevant Council which provides historical and current information relating to the property, land and any buildings. Prospective buyers are strongly advised to obtain a LIM report.
A LIM report enables a buyer to ascertain whether buildings and/or structures on the land which require consent, such as a dwelling, spa pool, garage or fireplace have been approved by the local council. In addition, a LIM report may provide information on the zoning of the area and natural hazards.
Builder’s report and contamination testing
Obtaining a builder’s report entails engaging a qualified builder to perform a pre-purchase inspection, and provide a written report outlining any significant building defects. A comprehensive builder’s report can be expected to include advice on fences, paths, retaining walls, foundations, insulation, ventilation, plumbing, drainage, structures and roofing materials.
Contamination tests are also becoming more common. Contamination tests measure toxicity within a building, and provide information on whether it is safe to work or live in. High toxicity levels may result in health risks and time consuming and costly decontamination processes.
Finance
As auctions are based on potential buyers making unconditional offers to the vendor, it is essential that any necessary finance is arranged prior to bidding at auction and that buyers are in a position to draw down the funds on the designated settlement date.
Summary
In summary, buyers should gather as much knowledge as possible on a property before bidding at an auction. Doing so will enable buyers to better set a purchase price that they may be comfortable bidding to; it will also help the bank and insurance brokers to give a keen buyer the promises and backing that he or she needs to bid.
Considering bidding at an auction?
Contact Michael Bendall on (03) 327 8159 or michael@corcoranfrench.co.nz (Kaiapoi) or
Rowan Aspros on (03) 379 4660 or rowan@corcoranfrench.co.nz (Christchurch).
In response to the "mental health crisis in Christchurch", one art studio is showcasing the power of…
A huge thanks to Star Media for producing this awesome video of progress on the playhouse builds. Also thanks to our build teams - Fusion Homes Ltd New Zealand, Irving Builders and Pound Road Trading for starring!
Take a look, and then remember to come along to the auction on Saturday 1 July at … View moreA huge thanks to Star Media for producing this awesome video of progress on the playhouse builds. Also thanks to our build teams - Fusion Homes Ltd New Zealand, Irving Builders and Pound Road Trading for starring!
Take a look, and then remember to come along to the auction on Saturday 1 July at 4pm at The Star Home and Leisure Show!
Are you following these tips to promote respect and prevent abuse? Elder Abuse Awareness Week runs from the 15-22 June 2017, starting with World Elder Abuse Awareness Day on 15 June 2017. Help Age Concern help older Kiwi's live happily and safely in their own homes and neighbourhoods. … View moreAre you following these tips to promote respect and prevent abuse? Elder Abuse Awareness Week runs from the 15-22 June 2017, starting with World Elder Abuse Awareness Day on 15 June 2017. Help Age Concern help older Kiwi's live happily and safely in their own homes and neighbourhoods. #alwaysrespected #WEAAD2017
Aftersocks NZ is a Rural Women New Zealand (RWNZ) initiative that supports rural communities, following an adverse event or natural disaster which has left them in need of financial assistance. Proceeds from the sale of Aftersocks contributes to the Rural Women New Zealand Adverse Events Relief … View moreAftersocks NZ is a Rural Women New Zealand (RWNZ) initiative that supports rural communities, following an adverse event or natural disaster which has left them in need of financial assistance. Proceeds from the sale of Aftersocks contributes to the Rural Women New Zealand Adverse Events Relief Fund.
Thanks for your support neighbours! Buy, Wear & Share!
Inland Revenue is warning of several scams circulating this tax season. Inland Revenue revealed earlier this month that there is about $183 million of tax refunds sitting unclaimed – enough to fly first class from Auckland to London and back more than 11,000 times.
Since then the IRD has been … View moreInland Revenue is warning of several scams circulating this tax season. Inland Revenue revealed earlier this month that there is about $183 million of tax refunds sitting unclaimed – enough to fly first class from Auckland to London and back more than 11,000 times.
Since then the IRD has been alerted to a scam email that asks users to enter their personal details to claim their tax refund. The email has the subject line, "IR3 individual income tax return 2016".
It's important to remember the IRD will not:
- Advise you that you are due a tax refund through email
- Send an email with a link to a webpage which asks you submit personal details
- Ask for credit card details or bank account numbers over the phone in order to process a monetary payment
- Ask you to pay a tax debt using gift cards or vouchers
- Sent you an email that does not include or ask for your IRD number
If you receive a suspicious email, SMS scam message or a fraudulent call please email phishing@ird.govt.nz or call them on 0800 227 774 (make sure you have your IRD number).
Log on to the Inland Revenue's website, register for myIR and use its calculator to work out whether you are owed money or have tax to pay.
It's awesome to see our bespoke playhouses under construction. Here's the Pound Road Trading "classic" playhouse - looking good team!
Kids sleeping bag 10$
Shoes sportgirl 5$
Hiking shoes 5$
Gas cooker 15 $
Bottle gas 5$
Wakefield Electrical are Master Electricians servicing Christchurch and Darfield. We listen, understand your requirements, and suggest a range of solutions to suit you. As a locally owned and operated business, the most important thing to us is that you are happy with the work. Our highly … View more
Wakefield Electrical are Master Electricians servicing Christchurch and Darfield. We listen, understand your requirements, and suggest a range of solutions to suit you. As a locally owned and operated business, the most important thing to us is that you are happy with the work. Our highly skilled team are ready to be scheduled at a time convenient for you so call us.
What Electrical Work Do You Need Help With in Christchurch?
•New Builds
•Renovations
•Repair & Maintenance
•Industrial Maintenance
•Heat Pumps
•Solar
•Home Automation
•Test & Tag
#wakefieldelectrical #renovations #christchurchnz #newzealand #nz #oxfordnz #christchurchelectrician
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