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The Real Estate Authority (REA), formerly the Real Estate Agents Authority (REAA), is the New Zealand Crown entity responsible for the regulation of the New Zealand real estate industry as well as the agents within it.
They are particularly common in relation to rented accommodation, where they may also be referred to as a tenancy deposit, bond deposit, [1] or bond. The owner of the item (the landlord in the case of accommodation) will take a sum of money from the person(s) renting the item (the tenant).
The Cabinet Manual (previously the Cabinet Office Manual until 2001 [1]) is a government document in New Zealand which outlines the main laws, rules and constitutional conventions affecting the operation of the New Zealand Government. It has been described as providing "comprehensive, cohesive and clear advice on a number of key aspects of ...
Therefore, if interest rates fall and bond prices rise, a firm will benefit from the sinking fund provision that enables it to repurchase its bonds at below-market prices. In this case, the firm's gain is the bondholder's loss – thus callable bonds will typically be issued at a higher coupon rate, reflecting the value of the option.
The New Zealand Government reviewed whether all forms of property management need any legislation. [24] Following completion of the review, the Associate Minister of Justice, Hon Nathan Guy, announced on 2 July 2009 that no new occupational regulation would be imposed on property managers [ 25 ] in part due to there already being existing laws ...
The Housing New Zealand Corporation in its current form is a statutory corporation that was established on 1 July 2001 under the Housing Corporation Act 1974, as amended by the Housing Corporation Amendment Act 2001. This was an amalgamation of Housing New Zealand Limited, Community Housing Limited, and the Ministry of Social Policy.
The Land Transfer Act 1952 is an Act of Parliament passed in New Zealand in 1952. It implements the Torrens title system of land registration . [ 1 ] Much of it is based on the Land Transfer Act 1885 .
The land districts of New Zealand are the cadastral divisions of New Zealand, which are used on property titles. There are 12 districts, six in the North Island and six in the South Island. The land districts are distinct from the 16 local government regions. The current legislation for the land districts is the Land Transfer Act 1952. [1] [2] [3]