Ban on Overseas buyers purchasing New Zealand Residential Real Estate now in effect!
New overseas investment rules now live!!
The new overseas investment regime came into effect on Monday, 22 October.
From Monday 22 October, overseas people generally won’t be able to buy residential land in New Zealand unless they have a residence class visa and intend to live here.
Every residential land sale will require a Residential Land Statement which asks purchasers to confirm their eligibility to buy. Everyone, including New Zealanders, will need to complete the statement before their conveyancer can complete the transaction.
The Overseas Invest Office recommends that purchasers who do not have residence class visas see their conveyancers before signing a sale and purchase agreement. Alternatively, the sale and purchase agreement can be made conditional on the consent of the Overseas Investment Office.
for more information on market trends:
www.leoniemateerrealestate.com...
Poll: Should all neighbours have to contribute to improvements?
An Auckland court has ruled a woman doesn’t have to contribute towards the cost of fixing a driveway she shares with 10 neighbours.
When thinking about fences, driveways or tree felling, for example, do you think all neighbours should have to pay if the improvements directly benefit them?
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82.5% Yes
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14.8% No
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2.8% Other - I'll share below
Riddle Alert! Who’s Up for Some Brain-Busting Fun?
4-letter word, always done tomorrow,
We’re out of tea, the ultimate sorrow!
Without the eye, you owe me some money,
No sugar no nectar no sweetness no honey,
4-letter word, if by chance you choose,
You can never win, you can only lose!
What is the 4-letter word?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
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Live Q&A: Garden maintenance with Crewcut
This Wednesday, we're having another Neighbourly Q&A session. This time with John Bracewell from Crewcut.
John Bracewell, former Black Caps coach turned Franchisee Development Manager and currently the face of Crewcut’s #Movember campaign, knows a thing or two about keeping the grass looking sharp—whether it’s on a cricket pitch or in your backyard!
As a seasoned Crewcut franchisee, John is excited to answer your lawn and gardening questions. After years of perfecting the greens on the field, he's ready to share tips on how to knock your garden out of the park. Let's just say he’s as passionate about lush lawns as he is about a good game of cricket!
John is happy to answer questions about lawn mowing, tree/hedge trimming, tidying your garden, ride on mowing, you name it! He'll be online on Wednesday, 27th of November to answer them all.
Share your question below now ⬇️
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