This year we welcome legal executive Jo Bentley to our team. Jo's been working in the legal industry for 27 years. She's a Mairangi Bay local and, like the rest of us, loves so many things about living and working on the North Shore. At Horrocks Hampton she'll help clients with residential conveyancing, wills, enduring powers of attorney and estate
News
New bright-line test rules
When the bright-line test commenced, it affected residential land bought and sold from 1 October 2015. If you sold the property within a two-year period then, depending upon your circumstances, residential land tax may have applied. From 29 March 2018, the two-year period has increased to five years. Tax may become payable if you have bought
Consequences of unpaid rates
Whether you are purchasing your first home, family home, rental property, commercial property, retirement home, or simply refinancing your property, you may not remember the consequences of not keeping your rates paid and up to date with your local Councils. When signing that all-important mortgage enabling your loan funds to be available on
Talking about rural leases
A rural lease (“lease”) is a legally binding document which governs the relationship between the landlord and the tenant for the use of rural land. Often rural leases are entered into as a gentleman’s agreement with a handshake to seal the deal. This works fine until something goes wrong and/or there is a disagreement between the landlord and
Talking relationship property and contracting out agreements (prenups)
The division of relationship property is regulated by the Property (Relationship) Act 1976 (“RPA”), the intention of which is to recognise fair division of the relationship property at the end of a relationship. There is a presumption of equal 50/50 division, unless this can be disputed or there are certain mitigating factors. Factors such as
What does having a will mean and what happens when people die without one?
A will is a legal document that lets you decide how you want your property, care for you dependants (partner, children etc.) and your body to be dealt with after you die. A will only comes into effect once you die and is arguably the most important document you will ever sign. A well drafted will can reduce emotional and financial strain for
