Welcome to our second newsletter for 2017 focusing on:
The importance of being insured when purchasing residential property;
Changes to Enduring Power of Attorney Rules;
Welcome back to Harriet Daley of the Family Law Team;
In other news...
We think you may be interested in updates in these areas.
If you would rather not receive these regular updates please unsubscribe at the bottom of this newsletter.
|The importance of ensuring that you’re insured when buying residential property
By Michael Brennan
This is the first in a series of articles on insurance issues that property owners must contend with.
After a purchaser of residential property has signed a sale and purchase contract and has had their offer accepted there is usually a period of a number of weeks where the contract is conditional on the purchaser performing their due diligence investigation on the property via their lawyer and arranging to obtain finance and insurance to complete the purchase. It is not until these conditions are fulfilled or waived that the contract is unconditional and the process of transferring the ownership of the property to purchaser begins. To read more click here.
|Changes to Enduring Power of Attorney Rules
By Eloise Toner
On 16 March 2017 several changes to the Protection of Property Rights Act 1988 (PPPR Act) came into force changing the rules around Enduring Powers of Attorney (“EPOA”). The intention behind the changes is to make EPOAs easier to use and understand as well as remedying ambiguities and issues with the old requirements.
In this article we outline the changes made to EPOA requirements and how this will affect you if you have an existing EPOA or an EPOA that has not yet been fully executed. We will also clarify some misconceptions some people may draw from the new rules.
Changes made to EPOA requirements
Prescribed forms and plain English explanations
The most notable change is that there is now a prescribed EPOA form which must be used by all firms. Prior to the change it was common practice for law firms to draft their own EPOA forms. The prescribed forms are accompanied by plain English explanations and aim to provide clients with a clearer understanding of the effects and implications of an EPOA. To read more click here.
|Welcome back Harriet Daley
We are delighted to announce that Harriet Daley has returned to Harmans.
After 3 years working in our busy family law team, Harriet moved to the UK and worked for 2 years in Health Regulation Law and Banking Litigation. In particular Harriet gained valuable experience working at the Professional Standards Authority in the UK and provided advice regarding whether the Authority should appeal to the High Court on behalf of the British Government in respect of Healthcare disciplinary cases. Harriet then worked on a long standing, high profile Banking Litigation case for Herbert Smith Freehills LLP.
During the 2 years she was away Harriet travelled extensively, her highlights being: the frozen Gulfoss Waterfall in Iceland; sailing in Croatia, the underground passages in the Palaces in Sintra, Portugal; singing Happy Birthday to the Dalai Lama at Glastonbury music festival; and eating as many pintxos as possible in San Sebastian, Spain. Harriet even bumped into Stephen Fry in Soho and chatted to him about how much he loved New Zealand.
Returning to NZ in late 2015, Harriet initially practised as a family lawyer in Lower Hutt, before re-joining our family law team in January 2017.
Harriet specialises in family law and provides advice in relation to all family law matters including care of children and guardianship disputes, domestic violence, division of relationship property, adoption, paternity disputes and protection of assets upon entering into a relationship.
In her spare time, Harriet enjoys travelling, walking, art and sampling all the new restaurants popping up in Christchurch.
If you require any family law assistance please don’t hesitate to contact Harriet directly. Click here for Harriet's contact information.
|In Other News...
Congratulations to “Suits in Boots”, our Oxfam Trailwalker Team, who participated in the Oxfam 100km trail walk on Saturday, 25 March 2017.
The team completed the 100km walk in an impressive 25 hours, crossing the finish line at 7am on Sunday, 26 March and coming in at 43rd place out of 141 teams.
To date they have raised $5,254.20 towards the fight against people living in poverty. Their fundraising page will be open until 1 May 2017.
To find out more about the team go to https://www.oxfamtrailwalker.org.nz/otw17/teams/suits-boots
We look forward to hearing from you soon.
The team at Harmans
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