Selling in Summer? Don’t Miss These Key Property Law Dates!
Auckland’s property market traditionally sees more activity in the lead-up to summer. With everything going on, it can be easy to forget that there are “black-out” dates in the standard ADLS/REINZ agreement for sale and purchase of real estate. The black-out dates (which start on December 24 and end on January 5 of the following […]
To Occupy, or not to Occupy?
Deciding to move into a retirement village is a big step – and often an exciting one. Villages offer modern facilities, a ready-made community, and freedom from many day-to-day worries. But before making the move, it’s essential to understand the legal and financial framework you’ll be stepping into. Unlike buying your own home, moving into […]
What Is Probate and How Does It Work in New Zealand?
Understanding Probate in New Zealand Probate is often needed when a person leaves behind significant assets such as real estate, large bank accounts, or investments. Without it, financial institutions and property registries may not allow an executor to administer an estate even if there is a valid Will. Not every estate needs probate. Smaller estates […]
The Quiet Shift: Why Townhouses are redefining Auckland Living
If you have browsed Auckland property listings lately, you’ve likely noticed a rise in townhouses for sale. And not just in fringe suburbs either – these multi-level homes are popping up everywhere from Milford to Hobsonville. This isn’t just a trend. Townhouses are fast becoming the new norm for urban living in Auckland. Whether you’re […]
When “equal” is not fair
The Property (Relationships) Act 1976 (“PRA”) was designed with good intentions: to facilitate the just division of relationship property between spouses or partners when a relationship ends, whether by separation or death. Historically, a just division was synonymous with an equal (50/50) division. However, in the nearly five decades since the PRA was enacted, societal […]
Navigating the NZ Commercial Property Market in 2025: Tips for Landlords
The New Zealand commercial property market is still adjusting to seismic shifts from the past few years, and this year, Landlords face heightened risks as business liquidations surge. In 2024, roughly 2,500 companies went into liquidation – the highest annual figure since 2014 and an increase of nearly 700 more than in 2023 (interest.co.nz). Liquidations spiked […]
Heading into Spring 2025: What Property Sellers Should Know
As winter gives way to Spring, Auckland’s property market shows real signs of life. June and July are historically quieter months but this year has defied expectations – behaving more like an active selling season than a Winter slow‑down. That shift matters if you’re preparing to sell, and here’s why. According to Barfoot & […]
What is a Living Will?
A living will is a legal document that outlines your wishes regarding medical treatment in situations where you are no longer able to communicate or make decisions for yourself—typically due to serious illness or injury. It does not deal with financial matters or property. Instead, it focuses solely on your preferences for medical care, such as: Whether you want […]
Understanding the 2025 Companies Act Reforms: What Small Businesses Need to Know
In 2024, the Government announced that they would be introducing a two-phase plan to reform the Companies Act 1993 (Act) starting this year, with the aim of modernising corporate governance and improving transparency across all levels of business. While these changes are often discussed in the context of large corporations, they carry important implications for […]
Sealing Trust Decisions: The Power of Trustee Resolutions
Trustee resolutions are the formal records of decisions made by trustees—especially when meetings are conducted remotely or via telephone. They document actions like approving minutes, signing off on financial statements, authorizing distributions, and confirming major transactions. Without these records, significant decisions may go undocumented, exposing the trust to challenges and trustees to liability. Why Formal […]
Future Proofing your Decisions
Making decisions for ourselves is one of the most important capabilities we have. Few of us, want others to do this for us without our guidance or input. This is why it is critical to have both a Will and Enduring Powers of Attorney (EPA) in Place. But what if you don’t? A Will lets […]
The OCR just dropped again – here’s why that’s great news
The Reserve Bank of New Zealand has recently lowered the Official Cash Rate (OCR) to 3.25% marking the second consecutive cut this year. With interest rates trending downward, this shift could mean real savings for homeowners—and new opportunities for buyers. If you’re a homeowner, this is the perfect time to reassess your mortgage. With banks […]
A Life File – Your Legacy Footprint
Leaving your affairs in order can be one of the most thoughtful and compassionate things you do for your loved ones. A life file contains all your important documents, instructions, and personal wishes and ensures that your affairs are handled smoothly after your passing. At Schnauer & Co we love to think outside the box […]
Lease traps that could cost you thousands—Are you covered?
Commercial lease negotiations can be a minefield. One wrong clause, and you could be locked into a costly commitment that stifles your business growth. Whether you’re signing a new lease or reviewing an existing one, here are the top pitfalls to avoid: 1. Not Reading the Fine Print: Lease terms can be complex. If you don’t […]
Importance of the Annual Trustee Meeting
Annual trust review meetings are more than just a regulatory formality – they are an essential tool for effective governance and risk management as Trustees are liable for the management and performance of the trust regardless of whether they are also a beneficiary. Annual trustee meetings provide an opportunity to: Revisit the trusts purpose and […]
HELP!! I need help managing a Deceased Estate!
When someone dies, the thought of managing a loved one’s estate can be overwhelming. We are here to help and guide you through the process. It is important to note if your loved one had Enduring Powers of Attorney, these come to an end when they die. No one has the legal authority to deal with […]