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The Companies Act 1993 (the Act) sets out statutory record keeping requirements for all companies. A summary of the Act’s requirements for records and registers is set out below. Every director [...]

Banks lending to companies will always require a personal guarantee from the directors and/or shareholders. But bank guarantees from parents in favour of their children are also quite common in [...]

Because of the Reserve Bank’s loan-to-value requirements, most home buyers must now have a 20% deposit. Given rising property prices first home buyers struggle with this. Parents are sometimes [...]

Business debt collection and credit management have five cardinal rules: Know who you are contracting with – a sole trader, partnership, company? A leopard rarely changes its spots – [...]

What are terms of trade and why are they important? Terms of trade are a contract document setting out the terms and conditions that apply to your sale of goods and/or services. They are used in [...]

A LIM (Land Information Memorandum) is a written summary of information that the council holds on a property. We always recommend that purchasers obtain a LIM. And that they make their purchase [...]

So you’ve incorporated a company, but you’re not sure exactly what it all means. What is the effect of incorporation? What does ‘limited liability’ mean? Does it exclude all potential personal [...]

For kiwis, DIY is in the blood. Home renovation can add value to your property and make it a great place to live. But it’s when a renovated property is bought or sold that chickens may come home [...]

DO YOU NEED A WILL? A Will enables you to have your estate distributed in the way that you want. If you don’t have a valid Will your estate will, by law, be distributed as described below, which [...]

What is a LIM? A LIM (Land Information Memorandum) is a summary of information that the council holds on a property – ie. information on record. Some people believe that obtaining a LIM is [...]