Commercial Property Law Update
2 November, Wellington | 18 November, Auckland
About
COURSE OBJECTIVES:
- Gain practical updates as relevant to commercial property
- Find out what your rights and interests are when contracts go wrong
Outline
Property Law Act 2007
- Main changes brought in by the new Property Law Act
- Mandatory form and procedure for specific service
- Terms implied into mortgages – implications
- Enforcement of mortgages – procedural requirements under the new Property Law Act
Sale and Purchase Agreements
- Legislative requirements that govern the salesperson during the Sale
and Purchase process
- New provisions under the new Property Law Act
- Eighth Edition 2006(2) agreement
Rights and Interests in the Commercial Property Market
- Issues arising from unconditional agreements
- Refund of deposit disputes
- Valuation claims
- Rent reviews and clauses
- Alternative rent review method
Considerations in Commercial Leases
- Provisions under short term lease
- Provisions under sublease term
- When is ground lease an appropriate arrangement
- Landlord’s consent
- Right to relief if lessor refuses to enter into a renewal
- Cancellation and re-entry
- Notice requirements
- Insurance protection
Case study: Tenant not paying rent - what do you do?
Case study: Tenant has asked for consent to an assignment of lease incorporating a change of use.
Facilitator
Joanna Pidgeon, Pidgeon Law
Joanna Pidgeon is a commercial property and business law specialist.
Joanna has a particular interest in property and advises on projects including apartment buildings, terraced housing developments, hotel and resort developments, commercial, office and retail building. She handles all aspects of fee simple, unit title, leasehold and cross lease subdivisions. Joanna is experienced in leasing matters representing both landlords and tenants and advises on green leasing.
Joanna acts for developers in the acquisition of land, obtaining resource and building consents, construction, subdivision and on sale of completed developments. She is experienced in sales on builder's terms and related finance issues, and in residential conveyancing. She often acts for financiers in property matters, including development projects, and in mortgagee sales.
Joanna often acts in the sale or acquisition of business and advises on commercial contracts. She provides structuring advice, and also advises on insolvency issues. Related to this is her practice in asset planning.
Joanna is a member of the New Zealand Law Society Property Law Section Land Titles Committee and the New Zealand Law Society CLE Property Law Consultative Group. She is also a member of the Auckland District Law Society's Property Law and Property Disputes Committees and is a former member of their Forms and Precedents Committee.
In-house Training
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