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Buying or Selling - the new REINZ Form |
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Recently the Real Estate Institute of New Zealand (“REINZ”) drafted a new standard form Sale and Purchase Agreement. We urge our clients to be cautious when using the new REINZ Agreement and seek advice from us before you sign.
The REINZ Sale and Purchase Agreement attempts to create a plain english agreement which can be more easily understood by the public and real estate agents. Unfortunately the new form has significant differences to the Auckland District Law Society Agreement which has been in use for the past 20 years. These differences contain serious potential pitfalls for both Vendors and Purchasers.
To avoid being a test case, and achieve a smooth property transaction, we strongly advise that you obtain legal advice before entering into an REINZ Agreement for Sale and Purchase. The property team at Langley Twigg are always available and happy to discuss the pros and cons of this new form in greater detail with you.
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Peter Twigg Appointed to the Board of Rowing New Zealand |
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In July 2006, Peter Twigg, Partner at Langley Twigg, was appointed to the Board of Rowing New Zealand, the decision-making body for the sport at the national level. Peter's active involvement in rowing started at school, and was reignited when his son Jamie first joined Hawke's Bay Rowing Club in 2000. Shortly afterwards he was joined there by his sister Emma, and both are now New Zealand representatives. In 2005, Emma became Junior World Champion at single sculls, leading to her being voted Hawke's Bay Young Sportsperson of the Year.
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Stuart McLauchlan appointed President of Chamber of Commerce |
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In December 2008, Stuart McLauchlan, Partner at Langley Twigg, was appointed President of Hawke's Bay Chamber of Commerce.
The Chamber of Commerce acts as a hub for the provision of training, information and ideas to local firms, organising promotional activities such as the Annual Business Awards, and supporting international trade.
Since his election to the Board in August 2006, Stuart has worked on increasing membership and ensuring the relevance of Chamber events to Hawke's Bay businesses.
He is also a regular contributor to the Chamber's monthly newsletter, articles from which are reproduced here.
For further information on the Chamber of Commerce, click here.
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Graham Cowley: 50 years in Legal Practice |
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In the Family Footsteps |
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Jamie Twigg was admitted to the Bar by Justice Lang (centre) in June. He thereby followed the family tradition started by his Grandfather Jock, Langley Twigg Partner from 1939 to 1981, and continued by his father Peter (left) who became a Partner in 1989.
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