The Ministry of Justice, following an application by Glaister Ennor (Solicitors) has granted an exemption for professional Body Corporate Secretaries from the new Money Laundering Legislation. The exemption is conditional upon the Body Corporates under management being compliant with the Unit Titles Act 2010 and its accompanying regulations. Boutique prides itself on its advice to […]
Body Corporate 162791 (Mid City Centre) has struggled for many years with a recalcitrant owner of the former cinema site in Mid City. Attempts to extract outstanding Body Corporate levies have proved extremely difficult since the cinemas closed many years ago. There have been various entities controlling the four units which comprised the former cinemas, […]
Christchurch’s unique situation has brought a number of challenges to our Christchurch Body Corporates. The impact of Mother Nature has been both random and at times unjust. Equally the insurance industry and its associated broking fraternity have responded in a variety of different fashions. The catastrophic events suffered in Christchurch illustrate so clearly that the […]
It is believed the 20 residential units known as Harbour Lights (99 Mokoia Road Birkenhead) is the first multi-unit complex to be the recipient of a financial assistance package under the Government’s much touted Weathertight Homes Assistance Scheme. The package, brought in to affect in mid-2011 is designed to assist home owners in repairing their […]
Whilst the position in terms of the impact of Christchurch’s quake on the New Zealand insurance market remains cloudy, it appears the insurer’s response will resemble post 9/11 where rates were increased virtually overnight and significant excesses have applied. Most insurers to date have increased their earthquake rates drastically, as much as 70% for Auckland, […]