| The Delta in conjunction with Locations has asked Anderson Lloyd Caudwell to provide New Zealand based legal services to buyers and prospective buyers, of properties at The Delta. |
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| Anderson Lloyd Caudwell is the largest South Island based commercial law firm and has extensive experience advising purchasers of residential subdivisions such as The Delta. |
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Background: |
- The advice herein should be read with the entry on our website "Buying Property in New Zealand" available at www.alclegal.com under "Our Firm" then "Publications and News".
- We have read the form of agreement that will be proffered to prospective purchasers for the Delta Stage 2 Subdivision and have reviewed the subdivision head titles, the relative ordinances for the district, the resource consent and inspected the subdivision itself. We can confirm that we are satisfied that all appears in order.
- We have satisfied ourselves that the restrictions of the Overseas Persons Investment legislation will not apply to the Lots being sold provided the total area of land purchased by a purchaser and any other family member, or a person associated with the purchaser that wishes to purchase adjoining lots do not together exceed 0.4ha. In such event OIC consent would be necessary.
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