We are a small law firm based in Ferrymead, Christchurch. We provide a wide variety of general legal services and specialise in residential and commercial conveyancing, leases, trusts and estate planning, relationship property, wills and much more.
With the weekend upon us and the sun shining, we know a lot of New Zealanders will be visiting open homes to purchase a property.
There is sometimes a sense of urgency to get a contract signed if you find your 'Dream Home'. We often see in this scenario a Solicitor's Approval Clause added to the agreement as people believe this is a 'get out of jail free card' if something has been missed or a change of heart happens.
A solicitor’s approval clause is not the catch all that people believe it to be. Solicitors can only withhold their approval in a narrow range of circumstances and only for a genuine legal reason. Best practice is to allow your solicitor to review your agreement before you sign it.
We recommend that you speak to us about what clauses need to be included in your agreement.
Interesting article regarding First Home Buyers and the current market. Have you been thinking about purchasing your first home? We can offer a fixed price for First Home Buyers so your legal fees won't creep up on you. Contact us now on 03 376 5301 or [email protected]
stuff.co.nz Shoddy earthquake repair concerns no barrier for first-time home buyers in Christchurch.
DID YOU KNOW......You could be taxed selling your property for 'income' earned on the sale. The 'Bright-line Test' has been amended from two years to five years. This means, if you have acquired a residential investment property (family home is excluded) and sold it within five years of purchasing, the proceeds can be taxed.
We would recommend seeking professional advice from an accountant before selling your property to see if this will affect you. We can recommend some great firms if you are unsure of who to talk to!
Welcome to Simon Stock Lawyers official page! We are a small law firm based in Ferrymead, Christchurch. We provide a wide variety of general legal services and specialise in residential and commercial conveyancing, leases, trusts and estate planning, relationship property, wills and powers of attorney, and estate administration.
We can't wait to assist you; for any enquiries, please email [email protected] or give us a call on 03 376 5301, we are happy to help!
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James Rapley LLB, LLM is a barrister specialising in Criminal & Regulatory Defence Litigation. Mr Rapley lectures at Canterbury University, Christchurch, New Zealand & University of the South Pacific, Vanuatu.
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