APIA Blog

RSS Feed

Conveyancing Q&A - No code of compliance

Monday, February 29, 2016

In this week's Conveyancing Q&A, Hilary Jenkins covers what it means when there is no code of compliance.  

APIA Ask An Expert

I have signed a conditional sale and purchase agreement upon satisfaction of LIM.  The LIM report shows that there is no code of compliance for an extension.  Should I still go through with the sale?  What does it mean for me to own a property with no CCC?

APIA Ask An Expert

It is not always a deal breaker if you find building work has been carried out without building consent, or if a final CCC has not been issued. It really depends on the scope of work done, how much was inspected and what still needs to be done to achieve compliance.

Owning a property without CCC can have a number of issues including affecting your insurance coverage, the property's resale value, and your ability to obtain a mortgage, all the way through to potentially being required by Council to re-instate the property, but again that depends on exactly what building work is involved.

Disclaimer - The answer provided above is informational and should not be relied upon as legal advice.  For personalised legal advice, please feel free to contact Lifestyle Legal Services Limited or your professional legal advisor directly.  

For more information on Auckland Council Code Compliance Certificate click here

 

Hilary Jenkins

Hilary is the director of Lifestyle Legal Services and a veteran of the conveyancing industry having built up an impressive work history of over 20 years (15 of which as a Registered Legal Executive).

To date, Hilary has played an integral part in the success of a wide range of residential and commercial transactions.  Lifestyle Legal stem out of Hilary's passion for the property industry and desire to offer clear and down-to-earth advice for her customers.  


Do you have any conveyancing related questions for Hilary?  Email your questions through to admin@apia.org.nz.  

Recent Posts


Tags

rtaa2020 trust barfoot and thompson boarding house cgt shower dome off the plan finance reserve bank termination early termination property beginner investor HHS rental wof wealth creation privacy buyer's agent tenancy tribunal kiwibuild bad tenant Level 4 election 2017 partners Case study Kris Pedersen Mortgages and Insurance Tribunal case study investor financial advisers act market rent maintenance DTI clnz relationship recycling equity extractor fan will property cycle water bill property maintenance wins anti-social behaviour Guest blog ventilation sublease income heating Sponsored post warm up new zealand mortgage Gluckman RBNZ rta reform cat nzpif Q&A ird winz twg report renovation RTAA 2019 warren buffett first home buying television CCC Must know Editor's Choice ocr trademe unitary plan Question and answer election2020 Property (Relationships) Act parry v inglis Landlording auckland council airbnb tax structure p lab principal and interest fixed-term tenancy interest rates inspection asbestos minor dwelling equity lvr covid-19 commerce commission Investment tip business smoke alarm auckland robert kiyosaki tenancy services meth re agent buying rules development landlord scotney williams Market report rent increase tenant property apprentice Investor story khh negotiation ring-fencing letting fee rental market How to bond form government banking housing affordability watercare sale and purchase sale and purchas holiday house advice education management bond housing bubble rta damage short-term rental anz legal building rent arrears house prices return HSWA Holler property management heater mindset insulation trespass market cash-flow interest only HHGA letting data security productivity skill shortage capital gain subdivision gluckman report rent tenancy issues ask an expert TCIT insurance LIM speculator CoreLogic Jeff Bezos personal growth property value yield Must knows debt enforcement investment strategy worksafe opes partners Standards New Zealand meth contamination buying positive cash flow initio

Archive

Introducing Our Partners
Principal Sponsor - Kris Pedersen Mortgages & Insurance logo Gold Sponsor - Barfoot & Thompson logo Gold Sponsor - CoreLogic logo Property Apprentice logo The Insulation Warehouse logo The Renovation Team logo The New Zealand Property Investors' Federation logo
09 360 2376
info@apia.org.nz

The Tenancy Practice Service and TPS Credit Control work closely with the Auckland Property Investors' Association. Our vision of bringing helpful resources, documents and high quality services to Auckland Property Investors and Property Managers is shared by APIA, so its a partnership that works well. 

The Auckland Property Investors' Association is a great organisation for those who want access to advice and information from a range of industry experts and partners. 



Mathieu Holt- Managing Director, The Tenancy Practice Service & TPS Credit Control
Through the Association I found the channels and methods to fund the purchase of property I never dreamed about. Grant Brown

All round it has been one of those things Neil and I felt was really worthwhile belonging to. We have learned so much it has just built our confidence in what we are doing.

Janice Bieleski
I read two articles in the monthly magazine that saved me over $5,000. That is my membership fee for the next 26 years and I am sure I will learn a whole lot more! John Duncan
Fantastic organisation. The networking opportunities are brilliant and provide us with information and opportunities that cannot be obtained anywhere else. We learn something new at every meeting and we've been in this game for nearly 20 years. Pauline and Gyanen Kumar

I find the information obtained from various APIA meetings very useful in guiding my own property investment and rental management.  I also enjoy the networking opportunities with like-minded investors.  I am inspired by other investors’ success and find the more experiences and knowledge that I share with others, the more confident I become.  

Thanks to all APIA event organizers and administrators for your brilliant work. 

Stella Shao

I like talking to people and learning from their experience because it gives me the confidence to invest well. I think it is a knowledge thing. I now know I am doing things the right way.

Stephen Weatherall

My APIA membership has become a total success.

Every time I attend a monthly or regional meeting I come away with so many useful and positive tips that have added value to my property investments and management.

Not only that, the website is a great place for practical advice and useful information. It has now evolved into an important resource for my business.

Talk about value for money! The discounts I have been getting at Bunnings when I present my APIA membership card have more than paid for my annual subscription!

Tim Duffett, Plan A Investments Limited