Rainey Collins Lawyers

Residential Tenancies Bill passed

Thursday, 29 July, 2010 | Claire Coe

The long awaited changes to Residential Tenancies law are expected to come into effect on 1 October 2010 following the third reading of the Bill in Parliament.  The key changes include:

• Extending the law to apply to boarding houses
• Clarifying the process for terminating a tenancy due to non-payment of rent
• Increasing the monetary limit of the Disputes Tribunal so most tenancy matters can be resolved

Avoid Disputes and Maintain Cashflow by Complying with the Construction Contracts Act

Monday, 28 June, 2010 | Olivia Lund

The purpose of the Construction Contracts Act is to provide a simple process for how and when payments are due for construction work. By following the simple processes outlined in the Act you will avoid timely and costly disputes and maintain crucial cashflow.

Construction work is wide ranging and covers most work that might be carried out in building, altering or maintaining a house. This includes most work carried… Continue reading

Get In Quick for Help With Your Leaky Home Bills

Wednesday, 2 June, 2010 | Olivia Lund

If your house is leaky and was built within the last 10 years, the clock is ticking … and the wood is rotting, you need to lodge a claim as soon as possible to take advantage of the Government’s leaky homes package.
Under the package the Government and Councils will each pay 25 percent of the total cost of repairing the leaky homes.  The offer is made on the condition… Continue reading

Budget 2010 – How Will It Affect You?

Friday, 21 May, 2010 | Kirsten Ferguson

Shifts in personal tax rates mean that most New Zealanders will be affected by this years Budget, announced yesterday. 

However, some will be affected more than others.  And what about those in business and property investors?

The following are some of the key points from the government’s “all-about-tax” Budget 2010:

• There is a major shift to lower, and create more uniform income tax rates; and

FREE Seminar – First Home Buyers

Thursday, 6 May, 2010 | Claire Coe

At Rainey Collins Lawyers we can guide you through the home buying process.  Take advantage of our FREE First Home Buyers Seminar.

To register your attendance enter your details below and submit, or call Gillian Scanlon on (04) 473 6850… Continue reading

FREE Seminar – First Home Buyers Seminar

Thursday, 6 May, 2010 | Claire Coe

At Rainey Collins Lawyers we can guid you through the home buying process.  Take advantage of our FREE First Home Buyers Seminar.

To register your attendance enter your details below and submit, or call Gillian Scanlon on (04) 473 6850… Continue reading

Bill English Polls the Public on Tax Changes to Investment Property

Friday, 30 April, 2010 | James Johnston

With budget announcements less than 1 month away, owners of investment property are taking a keen interest. It appears that the approach to be taken on taxing property investors may not have been finalised yet.  Whether you’re a property investor or have a view about tax breaks property investors are currently entitled to, Finance Minister Bill English is interested in your opinion.  If you want to express your views on… Continue reading

If You or Your Trust Own Property – You Need to Read This

Friday, 23 April, 2010 | Claire Coe

Grant, a self employed marketing consultant, set up a family trust many years ago. As is common, he was the settlor and one of the trustees of that trust.  His Trust owned his family home and late last year bought a holiday home.

He was also a property investor and had a company which held other investment properties.  Grant’s investment property strategy was to buy dated houses, renovate and… Continue reading

The Main Purposes of Family Trusts

Thursday, 22 April, 2010 | Claire Coe

Trusts are for the protection of assets.  Money, property and investments belonging to a trust are held separately from those for whom the trust has been established (the beneficiaries).  Here are some examples of the kinds of protection available.

• Creditors.  If you are sole trader or a professional without limited liability, your home and other significant assets, if placed in Trust, cannot be claimed by creditors or by

How Separate Property May Become Relationship Property

Wednesday, 14 April, 2010 | Rachel Vokes

When you are married, in a civil union, or de facto relationship, you are subject to relationship property laws. 

All property that falls to be divided under relationship property law will either be your separate property or relationship property.  You will take all your separate property with you on separation.  All relationship property will be shared 50/50 on separation.

In some instances separate property can become relationship property. … Continue reading

Thursday, 2 September, 2010

Rainey Collins Recent Appointments

Monday, 30 August, 2010

Rainey Collins Hosts Women in Business Corporate Event