Buying and selling homes
This page contains different parts of laws about Buying and selling homes, within the topic of Housing and property.

Related Plain Language Law
Local Government Official Information and Meetings Act 1987
Land reports must include information about natural hazards like floods and earthquakes
44B: Natural hazard information to be included in land information memoranda
Local Government (Rating) Act 2002
Tell the council when you buy or sell a property
31: Notification of change of ownership of rating unit
Local Government (Rating) Act 2002
Tell your council if you change your name and own a property
36: Notification of change of name
Local Government (Rating) Act 2002
What happens if you don't pay your rates: sale or lease of a property
68: Rating sale or lease
Local Government (Rating) Act 2002
Getting official papers when you buy or lease a property
73: Execution of documents for rating sale or lease
Local Government (Rating) Act 2002
Assuming a property sale or lease is valid, even if mistakes were made
74: Presumption of valid rating sale or lease
Local Government (Rating) Act 2002
Buying or leasing abandoned land is automatically considered legal
81: Presumption that sale or lease valid
Local Government (Rating) Act 2002
Council must tell new property owners about one-off payment requirements
117L: Local authority must notify new ratepayer of liability in respect of rating unit for lump sum contribution
Local Government Act 2002
Councils can ask for a payment when you build or develop something in their area
198: Power to require contributions for developments
Local Government Act 2002
Getting your money or land back if you cancel your building project
209: Refund of money and return of land if development does not proceed
Local Government Act 2002
People who can decide if you're right when you disagree with a building fee
199H: Who may decide development contribution objections
Income Tax Act 2007
Tax on land sold within 10 years of improvements by a house-building business
CB 11: Disposal within 10 years of improvement: building business
Income Tax Act 2007
Rules for selling or gifting land to people you're connected with
CB 15: Transactions between associated persons
Income Tax Act 2007
Exemption from tax when selling your main home
CB 16: Residential exclusion from sections CB 6 to CB 11
Income Tax Act 2007
Exemption for selling land bought for personal living to another person for the same purpose
CB 18: Residential exclusion from section CB 14
Income Tax Act 2007
Tax exemption rules for interest on some farm mortgages
CW 6: Payments of interest: farm mortgages
Income Tax Act 2007
Getting money back when repaying certain loans linked to grants
DF 2: Repayment of grant-related suspensory loans
Income Tax Act 2007
Rules for partners selling property before 16 December 1991
DZ 6: Partnership interests and disposal of part of asset before 16 December 1991
Income Tax Act 2007
Definitions for calculating property value loss over time
EE 67: Other definitions
Income Tax Act 2007
Landlords must pay remaining spread-out income when selling land early
EI 6: Amount paid for non-compliance: when lessor ceases to own land
Income Tax Act 2007
What happens if a seller gets back property from an ended hire purchase agreement
FA 15: Treatment when agreement ends: seller acquiring property
Income Tax Act 2007
Land transferred in relationship property settlements
FB 3: Land acquired for certain purposes or under certain conditions
Income Tax Act 2007
Tax rules for transferring land in development as part of relationship property
FB 4: Land under scheme for major development or division
Income Tax Act 2007
Rules for giving away or losing land to someone who isn't family or a close friend
FB 5: Disposal of land
Income Tax Act 2007
Rules for transferring land with valuable timber during relationship property settlements
FB 7: Land with standing timber
Income Tax Act 2007
Property transfers are treated as sales at market value, with some exceptions
FC 2: Transfer at market value
Income Tax Act 2007
Property given to partners after someone dies
FC 3: Property transferred to spouse, civil union partner, or de facto partner
Income Tax Act 2007
Rules for tax on inherited land from close relatives
FC 5: Land transferred to close relatives
Income Tax Act 2007
Rules for land transfers when companies merge or amalgamate
FO 17: Land
Income Tax Act 2007
Property settled on a trust, excluding certain types
HC 4: Corpus of trust
Income Tax Act 2007
Explanation of a special home loan guaranteed by Housing New Zealand before August 1982
LZ 8: Meaning of home vendor mortgage
Income Tax Act 2007
Special home ownership savings accounts are no longer recognised
LZ 9: Savings in special home ownership accounts
Income Tax Act 2007
Rules for selling part or all of a specific piece of land, or selling it with other land
CB 23B: Land partially disposed of or disposed of with other land
Income Tax Act 2007
Tax rules for replacing earthquake-damaged business property in Canterbury
CZ 25: Land and buildings as revenue account property affected by Canterbury earthquakes and replaced—insurance or compensation, Government purchase
Income Tax Act 2007
Special tax rules for selling earthquake-affected Canterbury property to the government
CZ 26: Land and buildings affected by Canterbury earthquakes—sections CB 9 to CB 11 and CB 14 overridden for Crown purchases
Income Tax Act 2007
This explains when you're considered to have acquired land for tax purposes
CB 15B: When land acquired
Income Tax Act 2007
Selling your home within 2 years: what you need to know about paying tax
CB 6A: Disposal within 2 years: bright-line test for residential land
Income Tax Act 2007
What happens to a person's home when they die and it's passed to someone else
FC 9: Residential land transferred to executor, administrator, or beneficiary on death of person
Income Tax Act 2007
Rules for companies selling shares when they own residential land
GB 52: Arrangements involving residential land: companies’ shares
Income Tax Act 2007
Special rules for trusts that own residential land and make certain changes
GB 53: Arrangements involving residential land: trusts
Income Tax Act 2007
Rules for community housing help: income and asset limits for people who need a home
Schedule 34: Community housing trusts and companies: income and assets of beneficiaries and clients
Income Tax Act 2007
How buyers pay tax when buying property from someone they're connected to
RL 3: Associated persons: who must pay, and how?
Income Tax Act 2007
Residential land sellers must pay tax through their lawyer when selling property
RL 2: Vendors: who must pay, and how?
Income Tax Act 2007
Insurance pay-outs for Hurunui/Kaikōura earthquake damage treated as property sale and repurchase
EZ 78: Insurance for Hurunui/Kaikōura earthquake damage of property: treatment as disposal and reacquisition
Income Tax Act 2007
Getting new property after emergencies damage your land or buildings
FP 5: Replacement property for land or buildings affected by emergency events
Income Tax Act 2007
Help for land and building owners after a disaster
FP 27: Certain land and buildings affected by emergency event
Income Tax Act 2007
Selling a rental home: using old expenses to reduce your tax
DZ 24: Amounts denied before 1 April 2025: treatment upon disposal of certain residential property
Income Tax Act 2007
Tax relief for replacing earthquake-damaged property with insurance money
CZ 25B: Land and buildings as revenue account property affected by Hurunui/Kaikōura earthquakes and replaced—insurance or compensation
Income Tax Act 2007
When land sales rules apply to residential property
EL 10: Exclusion for land held on revenue account
Income Tax Act 2007
Selling homes bought after 29 March 2018 within 5 years: old tax rule ending 1 July 2024
CZ 39: Disposal within 5 years: bright-line test for residential land: acquisition on or after 29 March 2018
Income Tax Act 2007
Tax rules for selling homes bought after 29 March 2018, changing from 1 July 2024
CZ 40: Main home exclusion for bright-line: acquisition on or after 29 March 2018
Income Tax Act 2007
Rules for residential land transfers involving Māori family trusts (repealed from July 2024)
CB 6AC: Residential land transferred in relation to certain Māori family trusts
Income Tax Act 2007
Rules about income from overseas loans used to buy homes
CW 62C: Income from foreign-currency loans used for disallowed residential property
Income Tax Act 2007
Rules for some people transferring residential land, ending 1 July 2024
FC 9B: Residential land: certain transferors
Income Tax Act 2007
Tax relief for flood-damaged property replaced with insurance money
CZ 25C: Land or buildings as revenue account property affected by North Island flooding events and replaced—insurance or compensation
Income Tax Act 2007
Some sales of homes to family or friends don't have to follow the bright-line test rules.
FD 1: Relief from bright-line test for transfers between associated persons
Fencing Act 1978
How to make sure fencing agreements stay with the land when it's sold
5: Fencing covenants and agreements registrable
Fencing Act 1978
How to make a promise about fences when buying land
7: Creation of fencing covenants
Resource Management Act 1991
Rules for subdividing land: what the council can require you to do
220: Condition of subdivision consents
Resource Management Act 1991
You can agree to sell land or a building before the survey plan is officially registered, but there are rules to protect buyers.
225: Agreement to sell land or building before deposit of plan
Resource Management Act 1991
Rules for getting a title for subdivided land
226: Restrictions upon issue of certificates of title for subdivision
Resource Management Act 1991
Rules about company leases and cross leases help decide who owns the land and what they can do with it.
Resource Management Act 1991
Rules about special types of property sharing between companies and people are no longer used.
244: Company leases and cross leases
Resource Management Act 1991
Rules for submitting a survey plan for land reclaimed from the sea or a lake
246: Restrictions on deposit of plan of survey for reclamation
Resource Management Act 1991
Rules for unit, cross lease, and company lease plans approved before the law changed
408: Existing approvals for unit plans, cross lease plans, and company lease plans
Resource Management Act 1991
The law says you need to explain why you're changing the rules for building houses in your area
77J: Requirements in relation to evaluation report
Crown Minerals Act 1991
Copies of documents can be used as proof in court if they are certified by the Registrar-General of Land.
87: Certified copies of documents to be evidence
Building Act 2004
When someone brings a special paper, the person in charge of land records must write a note on the land's official papers.
78: Registrar-General of Land must record entry on record of title when certificate is lodged under section 77
Building Act 2004
When a note is made on land records, you can't sell or rent parts of the land separately.
79: Effect of entry recorded on record of title
Building Act 2004
Older loans or debts on land are more important than newer ones when building across different pieces of land.
81: Mortgage or charge has priority over registered instrument
Building Act 2004
The land office person can ask for a special map to be made if they need to combine different pieces of land.
82: Registrar-General of Land may require preparation of plan
Building Act 2004
Rules for old notes on land titles now work under the new law
434: Transitional provision for certain entries on certificates of title made under former Act
Building Act 2004
Information you get before signing a contract for building work on your home
Building Act 2004
These rules explain when the law protects you if someone builds or sells you a home.
362H: When provisions relating to implied warranties apply
Building Act 2004
You can't give up your rights to complain about hidden problems when buying a building.
362K: Person may not give away benefit of warranties
Building Act 2004
What happens if someone breaks a promise about the quality of your home's building work?
Building Act 2004
Selling a house without a code compliance certificate can get you in trouble with the law.
362V: Offence for commercial on-seller to transfer household unit without code compliance certificate
Charitable Trusts Act 1957
Property goes to new trustees without extra paperwork
3: Property to vest in trustees or their successors
Charitable Trusts Act 1957
Property held for a group can be given to new trustees or the group itself
5: Transfer of properties
Companies Act 1993
Rules for handling company records and property ownership during mergers
225A: Registers
Companies Act 1993
Rules for protecting innocent buyers when company property transfers are challenged
296D: Additional provisions relating to setting aside dispositions
Overseas Investment Act 2005
Who is considered a person from overseas under New Zealand law?
7: Who are overseas persons
Overseas Investment Act 2005
What is an overseas investment in New Zealand's sensitive land?
12: What are overseas investments in sensitive land
Overseas Investment Act 2005
What is an overseas investment in a big New Zealand business?
13: What are overseas investments in significant business assets
Overseas Investment Act 2005
Rules for overseas investors buying special New Zealand land
16: Criteria for consent for overseas investments in sensitive land
Overseas Investment Act 2005
Court can make you sell property if you break the rules
47: Court may order disposal of property
Overseas Investment Act 2005
Court can make you register a mortgage to follow the rules or pay back money
49: Court may order mortgage to be registered over land
Overseas Investment Act 2005
Permissions to make multiple investments in New Zealand without needing to apply each time
Schedule 4: Standing consents
Overseas Investment Act 2005
When following the law is too hard or expensive, you can get exemptions to make things easier
61B: Purpose of exemptions
Overseas Investment Act 2005
Rules for buying New Zealand homes or land that need special permission to benefit New Zealand
16B: Conditions for consents relating to sensitive land that is residential land: benefit to New Zealand test
Overseas Investment Act 2005
The regulator can ask you to sell a property if they think you've broken the rules.
41F: Regulator may issue notice requesting disposal of property
Overseas Investment Act 2005
When you buy a house or land, you must tell if you have permission to buy it.
51A: Person who acquires residential land must make and provide statement
Overseas Investment Act 2005
Conveyancers must get and keep a special statement to prove an investment follows the rules
51C: Conveyancer must obtain and keep statement
Overseas Investment Act 2005
Buying property from someone with an exemption means you might still have to follow their rules
61G: Person who relies on exemption to acquire property may be subject to existing consent or exemption conditions
Overseas Investment Act 2005
Rules for overseas buyers of homes and land in New Zealand
Schedule 2: Sensitive land that is residential land
Overseas Investment Act 2005
When the government doesn't have to follow its own rules for buying land or property in New Zealand
20AA: Exemptions from definition
Overseas Investment Act 2005
Applying for the investor test if nothing has changed since you last applied
29A: Investor test applications where no change since investor test last met
Overseas Investment Act 2005
Special rules for emergencies: telling the government about overseas buyers
60A: Reinstatement of emergency notification regime
Building Societies Act 1965
List of all building societies in New Zealand that anyone can look at
121A: Register of building societies
Building Societies Act 1965
Registrar can ask for changes to documents before adding them to building society records
121C: Registrar may require document to be registrable or otherwise comply before registration
Building Societies Act 1965
How the government saves important building society papers
121D: When documents are registered
Building Societies Act 1965
Registrar can fix or update the list of building societies
121E: Alterations to register
Building Societies Act 1965
You can check information about building societies
121F: Inspection of register
Building Societies Act 1965
Getting official copies of building society records
121G: Obtaining certified copy or extract from register
Building Societies Act 1965
This law's name and when it started
1: Short Title and commencement
Building Societies Act 1965
People and Rules for Groups that Help You Save Money for a Home
Building Societies Act 1965
Explaining important words used in the Building Societies Act
2: Interpretation
Building Societies Act 1965
Government chooses someone to oversee building societies
3: Registrar of Building Societies
Building Societies Act 1965
Who can help the main Registrar manage building societies
4: Deputy Registrars of Building Societies
Building Societies Act 1965
The rule about building societies having an official seal was removed
5: Official seal
Building Societies Act 1965
Building societies don't need to keep special lists anymore
6: Registers to be kept
Building Societies Act 1965
The Registrar no longer needs to write a yearly report about building societies
7: Annual report by Registrar
Building Societies Act 1965
This rule about looking at society information is no longer used
8: Information as to societies, and inspection of documents kept by Registrars
Building Societies Act 1965
How building societies are set up and run: Rules for starting, joining, and managing money clubs
Building Societies Act 1965
This part of the law explaining why people could start a building society has been removed
9: Purpose for which building society may be established
Building Societies Act 1965
Building societies can help people with money and property
9A: Functions of building societies
Building Societies Act 1965
Building societies can do many things to help them work, unless their rules say they can't
9B: Powers of building societies
Building Societies Act 1965
Building societies' actions can't be called wrong just because they weren't allowed to do them
9C: Ultra vires transactions
Building Societies Act 1965
Registering or filing society documents doesn't mean everyone knows about them
9D: Registration of documents not to constitute constructive notice
Building Societies Act 1965
Rules for dealing with a building society
9E: Dealings between society and other persons
Building Societies Act 1965
Dealing with a building society is safe, even if someone has been dishonest
9F: Effect of fraud
Building Societies Act 1965
Two types of building societies: ongoing and time-limited
10: Permanent and terminating societies
Building Societies Act 1965
Building societies can get and give back money using shares
11: Power to raise and repay funds
Building Societies Act 1965
Building societies can't do things with land anymore
12: Powers in relation to land
Building Societies Act 1965
How to start a building society in New Zealand
13: Mode of establishing society
Building Societies Act 1965
Rules for starting a building society must be checked and approved
14: Registration of rules of society
Building Societies Act 1965
A building society becomes a separate legal entity when it's officially registered
15: Incorporation of society
Building Societies Act 1965
You can ask a judge to look at your rules if the Registrar says no
16: Appeal against refusal to register
Building Societies Act 1965
Rules tell you what a building society must do and how it works
17: Contents of rules
Building Societies Act 1965
Rules of a building society apply to everyone involved and visitors don't need to check if the society follows its own rules
18: Effect of rules
Building Societies Act 1965
You can ask for and get a copy of a society's rules
20: Copies of rules to be supplied on request
Building Societies Act 1965
Building societies must have unique names to avoid confusion
21: Restriction on registration of names
Building Societies Act 1965
Building societies must use their official registered name or face penalties
22: Society to use registered name
Building Societies Act 1965
You can join a building society without buying a share
24: Members who are not shareholders
Building Societies Act 1965
Young people can join building societies but have limited rights
25: Members under age of 20
Building Societies Act 1965
Sharing ownership of building society shares with others
26: Joint shareholders
Building Societies Act 1965
Members only owe what they agreed to pay for their share or loan
27: Liability of members
Building Societies Act 1965
This part explaining how to buy shares in certain societies no longer exists
27A: Interpretation
Building Societies Act 1965
This rule about buying shares in building societies no longer exists
27B: Agreements to purchase shares
Building Societies Act 1965
A rule about cancelling share purchases was removed
27C: Right of purchaser to cancel agreement
Building Societies Act 1965
What happens when an agreement to buy shares in a closing building society is cancelled (no longer applies)
27D: Effect of cancellation of agreement
Building Societies Act 1965
This rule about agreements for buying shares in certain societies no longer exists
27E: No contracting out
Building Societies Act 1965
The rule about changing a list of building society rules doesn't exist anymore
27F: Schedule 7 may be amended
Building Societies Act 1965
Building societies can't start working until they get a special permission paper
28: Business not to be commenced before incorporation
Building Societies Act 1965
Founding members must buy shares before the society can start
29: Minimum subscription by founding members
Building Societies Act 1965
When building societies could start advertising (old rule)
30: Commencement of advertising
Building Societies Act 1965
This rule about starting the process of drawing lots for building society money no longer exists
31: Commencement of balloting for appropriations
Building Societies Act 1965
Rules for special shares that could win you prizes in a building society
31A: Bonus balloting shares and bonus ballots
Building Societies Act 1965
Building societies can join together to become one society
32: Union of societies
Building Societies Act 1965
How a society can pass on its duties to another society
33: Transfer of engagements
Building Societies Act 1965
Extra rules for societies joining together or passing on their duties
34: Supplementary provisions as to union and transfer of engagements
Building Societies Act 1965
Building societies can sell some of their business, but not all of it
34A: Power to dispose of part of business undertaking
Building Societies Act 1965
Rules about lending money for houses and how to keep things fair and safe
Building Societies Act 1965
Helping people buy homes with mortgages (no longer in use)
35: Advances on security of mortgage of land for residential purposes
Building Societies Act 1965
This rule about money lending in building societies doesn't exist anymore
36: Ordinary limitations on special advances
Building Societies Act 1965
Old rule about extra mortgage money for building societies no longer exists
37: Permission to exceed limit for special advances
Building Societies Act 1965
Building societies can't give extra money to people buying houses with existing loans anymore
38: Permission to make special advance to purchaser of mortgaged property
Building Societies Act 1965
Rules about lending money to people when they use their house as a promise to pay it back
Building Societies Act 1965
This part used to explain who counts as a member, but it was removed
39: Meaning of member for the purposes of this Part
Building Societies Act 1965
Old rules about figuring out the worth of loan guarantees no longer exist
40: Valuation of security
Building Societies Act 1965
Old rule about extra protection for building society loans no longer exists
41: Additional security for advances
Building Societies Act 1965
Old rule about keeping track of money given out by building societies, no longer used
42: Record of advances
Building Societies Act 1965
This old rule about building societies getting security from others no longer exists
43: Security taken from third party
Building Societies Act 1965
This rule about extra money for property sales no longer exists
44: Arrangement for excess advance in connection with sale of property
Building Societies Act 1965
This rule about building societies giving money to property buyers no longer exists
45: Implied warranty on advance to purchaser, unless notice given to the contrary
Building Societies Act 1965
This rule about talking about enough security has been removed
46: Representation as to sufficiency of security
Building Societies Act 1965
Old rules about extra mortgages no longer apply
47: Restrictions on second or subsequent mortgages
Building Societies Act 1965
Old rule about getting money for life insurance from building societies no longer applies
48: Advance for single premium life policy
Building Societies Act 1965
Building societies can now pay for mortgage introductions
49: Restriction on commissions for introduction of mortgage business
Building Societies Act 1965
Rules for selling houses with mortgages (no longer used)
50: Provisions as to sale of mortgaged property
Building Societies Act 1965
Old rule about lending money based on members' shares no longer exists
51: Limitation on advances on security of members' shares
Building Societies Act 1965
Rules for lending money without using land or shares as security no longer exist
51A: Advances on security other than mortgage of land or members' shares, or without security
Building Societies Act 1965
Registrar could ask for expert proof about fair money sharing in building groups
52: Power of Registrar to require actuary's certificate as to appropriations by ballot
Building Societies Act 1965
How to show a mortgage is paid off (old rule, no longer used)
53: Memorandum of discharge of mortgage
Building Societies Act 1965
How societies manage extra money and keep important documents safe
Building Societies Act 1965
Words used in the old rules about building societies' money
54: Interpretation
Building Societies Act 1965
Old rules about how building societies could use extra money are no longer part of the law
55: Investment and banking of surplus funds
Building Societies Act 1965
Old rule about societies holding special money has been removed
55A: Societies to hold certain public securities
Building Societies Act 1965
Rules for building societies on money matters and how they handle people's savings
Building Societies Act 1965
Building societies can no longer borrow money under this rule
56: Borrowing powers
Building Societies Act 1965
Building societies can't have savings accounts anymore
57: Restrictions on savings bank deposits
Building Societies Act 1965
Old rules about special savings accounts for homes and farms no longer apply
57A: Home ownership accounts and farm ownership accounts
Building Societies Act 1965
Rules about interest on savings no longer apply to building societies
58: Interest on deposits
Building Societies Act 1965
This rule about borrowing too much money from building societies no longer exists
59: Liability for borrowing in excess of powers
Building Societies Act 1965
This section about helping other building societies was removed from the law
60: Assistance to other building societies
Building Societies Act 1965
Old rule about sharing money details with new members was removed
61: New investors and depositors to receive copies of accounts
Rates Rebate Act 1973
Getting some money back if you own a flat and pay towards property rates
7: Refund to owner of owner-occupier flat of contribution towards rates
Public Works Act 1981
Extra money for people who lose their home to a public project
72: Additional compensation for acquisition of notified dwelling
Public Works Act 1981
How money is handled when mortgaged land is taken for public projects
99: Mortgaged land
Contract and Commercial Law Act 2017
Explaining important words used in this part of the law
9: Interpretation
Contract and Commercial Law Act 2017
Protecting honest buyers who pay fair prices for property
46: Protection of purchaser of property in good faith and for valuable consideration
Contract and Commercial Law Act 2017
Rules for making deals about things held in trust
101: Contracts relating to property held on trust
Contract and Commercial Law Act 2017
The court can decide on its own or be asked to make a decision about a minor's property
112: Order may be made on court’s own motion or on application
Trusts Act 2019
How the Trusts Act 2019 applies to trusts and works with other laws and trust rules.
5: Application, and relationship of Act with trust terms, common law and equity, and other enactments
Trusts Act 2019
A trust can last for a maximum of 125 years, unless it's a special kind of trust.
16: Maximum duration of trust
Trusts Act 2019
What happens to trust property when the trust ends
19: Distribution of trust property on expiry of trust
Trusts Act 2019
Trustees must keep important papers about the trust, like who's in charge and how money is managed.
45: Trustee must keep core documents
Trusts Act 2019
Trustees must tell beneficiaries basic info about the trust, like who's in charge and what's happening
51: Presumption that trustee must notify basic trust information
Trusts Act 2019
How trustees decide whether to give you information about a trust
53: Procedure for deciding whether presumption applies
Trusts Act 2019
How trustees can fairly split money between income and capital accounts
61: Apportionment of receipts and outgoings between income and capital
Trusts Act 2019
A trustee can add rules to money given to help someone, like paying it back or adding interest.
65: Trustee may impose conditions on payment for beneficiary’s welfare
Trusts Act 2019
Asking Public Trust to help with a trust when a trustee can't do their job
73: Application to Public Trust to consent to become delegate
Trusts Act 2019
What happens to insurance money when trust property is lost or damaged?
77: Application of insurance money for loss or damage of trust property
Trusts Act 2019
When a trustee owes you money, you can claim it from the trust, but only up to the benefit the trust received.
86: Creditor’s limited claim to trust property through trustee’s indemnity
Trusts Act 2019
Safeguarding the person managing property when they give it to someone for their lifetime
89: Protection of trustee in handing over personal property to life tenant
Trusts Act 2019
What happens to a trustee's powers when they die
102: Devolution of powers on death of trustee
Trusts Act 2019
Telling others about changes to trust property: following the rules to transfer ownership
117: Requirements to notify, register, or record divesting and vesting of trust property
Trusts Act 2019
Getting your fair share of trust property if you're a beneficiary
123: Beneficiary’s right to share of trust property
Trusts Act 2019
How a court checks if a trustee made a fair decision
127: Procedure for court’s review of trustee’s act, omission, or decision
Trusts Act 2019
Courts consider a trustee's investment plan when deciding if they broke trust rules
128: Court may take into account investment strategy in action for breach of trust
Trusts Act 2019
Trustees can ask a court to distribute trust property if a beneficiary is missing
136: Trustee may apply to court to allow distribution of missing beneficiaries’ shares
Trusts Act 2019
What happens when the government looks after property that belongs to someone else
151: Administration by the Crown of transferred property
Trusts Act 2019
Special rules for when the Trusts Act 2019 started and how it affects older trusts
Schedule 1: Transitional, savings, and related provisions
Trusts Act 2019
Court can decide to let trustees use trust money without your agreement
84: Power of court to waive requirement of consent to indemnification
Trusts Act 2019
Safeguarding buyers and lenders when trustees deal with trust property
80: Protection of purchasers and mortgagees dealing with trustees
Goods and Services Tax Act 1985
Telling the seller about tax when buying land
78F: Liability in relation to supplies of land
Goods and Services Tax Act 1985
Rules for taxing homes bought or sold between 1986 and 2011
21HB: Transitional rules related to treatment of dwellings
Goods and Services Tax Act 1985
Things you don't pay tax on, like some houses, financial services, and donated goods
14: Exempt supplies
Fair Trading Act 1986
Telling lies or tricking people when buying or selling land is not allowed
14: False representations and other misleading conduct in relation to land
Partnership Law Act 2019
Partners treat shared land like personal items, not real estate
40: Partnership land treated as personal property as between partners
Deposit Takers Act 2023
A valuer's report is a document that says how much something is worth.
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