The duties of a trustee need not be onerous, but a failure to carry out those duties may, in a worst case scenario, result in a claim against you by a beneficiary who has suffered a loss as a result of your actions or omissions. For those readers who have consented to act as a
The Unit Titles Bill (‘the Bill’) was introduced to Parliament on 5 March 2009 and if passed into law will repeal and replace the Unit Titles Act 1972 (‘the Act’). The Act governs multiunit developments such as apartment blocks, townhouses, and office buildings. The Act was not designed to deal with the complex, large scale
The debate over whether the partial defence of provocation should be abolished has gained significant attention since the Clayton Weatherston trial. Many people believe that the defence should no longer be available. The partial defence of provocation is predominantly set out in section 169 of the Crimes Act 1961 and effectively reduces a charge of
The Real Estate Institute of New Zealand’s (‘REINZ’) new Agreement for Sale and Purchase (“the new agreement”) was introduced in July this year in an effort by REINZ to create its own form of agreement that uses clear language and appeals to the lay person. Before the introduction of the new agreement, it was standard
