You may have seen the recent media coverage about the changes to the Natural Hazards Commission On-sold support programme (On-sold programme). The changes seek to prevent further cost blowouts and encourage homeowners to reach a timely ...
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The Ross Class Action has settled with Southern Response and all affected policyholders short-changed in their original settlements are now entitled to compensation. This class action claimed that, during insurance settlements prior to October 2014, ...
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Did you settle an earthquake insurance claim with Southern Response? Have you received your true entitlement?
In a recent ruling the High Court has found that Southern Response engaged in misleading and deceptive conduct and did not pay policy ...
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The bright-line test is a rule that taxes gains from the disposal of residential property in New Zealand.
As you may be aware the bright-line test was extended earlier this year.
While the main rules remain, there are a number of revisions you ...
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As the odd earthquake still rattles us, these shakes serve as a timely reminder to carry out an inspection of our homes to consider what, if any, damage exists.
Your policy of insurance provides cover for natural disaster damage but not for ...
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We have many clients who live overseas but own property in New Zealand. With the changes to the Overseas Investment Act ("OIA") which came into force in 2018, there can be some confusion whether the OIA rules apply, and given the hefty fines for ...
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While the Government is vowing to overhaul the Earthquake Commission due to its poor handling of the 2010-2011 earthquakes, this will not help you if your house was repaired and you still have concerns about that repair and haven’t done anything ...
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On 15 August last year the Government announced a new “ex gratia” support package for eligible owners of “on-sold over-cap” properties in Canterbury. This was in response to the many problems that have come to light over recent years ...
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Are you selling a property? Beware of vendor warranties!
If you are selling a property (residential, commercial, or rural) it is likely that your sale contract will contain "standard" warranties given by the seller to the buyer.
In New ...
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June 2019
The last twelve months have been busy for the Sarahs at Mortlock McCormack Law, they each gave birth to their first child, a girl. We were lucky enough have all three mothers and babies in the office recently, see the attached photo of Sarah Manning ...
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