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Residential Property Development
We act for developers in the following areas:
- Property development including subdivisions and boundary adjustments
- Unit title developments
- Subdivisions
- Apartment complexes
- Structuring the financing of property transactions
Property development involves numerous legal and regulatory requirements. Our experienced team can guide you through the entire development process, from initial planning and consent applications through to final sales and settlement.
Frequently asked questions
Typically need resource consent under RMA and may need building consents for infrastructure. Requirements vary by council/zoning but include subdivision consent, engineering plans, district plan compliance.
Creates individual titles for units within building/complex. Process: building consent, construction per plans, code compliance certificate, surveying unit plans, depositing with LINZ. Body corporate automatically created.
Key risks: cost overruns, construction delays, market changes affecting prices, resource consent issues, contractor problems, finance difficulties, regulatory changes. Proper planning and contingencies help manage risks.
Typically involves construction loans converting to long-term mortgages, or development facilities releasing funds at completion stages. Requires detailed budgets, presales/guarantees, experienced contractors, significant equity.
Take the first step towards resolution and legal success.
Connect with us today and let our experienced team guide you towards effective solutions and legal counsel.
