Home Run

This is an exciting milestone, but it’s essential to navigate the process with careful consideration of the legal aspects involved. At Dawsons Lawyers, we specialise in providing expert legal guidance to homebuyers, ensuring a smooth and legally sound transaction. Here are some key legal considerations to keep in mind:

Understanding contracts: Although it’s easy to get swept up in the excitement of finding a home you love, it’s important to have a lawyer review the Agreement for Sale and Purchase before you sign. Our experienced lawyers can review and explain the terms of the sale and purchase agreement, ensuring that you fully comprehend your rights and obligations before signing any documents and are able to include necessary conditions such as finance, building report and LIM conditions.

Property due diligence: Before bidding at an auction or satisfying the conditions of the contract, it’s essential to conduct thorough due diligence on the property. Our legal team can assist you in reviewing property titles, conducting searches for any encumbrances or restrictions, reviewing council LIM reports, and identifying potential legal issues that may affect your ownership rights.

Financial assistance programmes and KiwiSaver: There are various government assistance programmes available to first home buyers in New Zealand, such as the HomeStart grant and the First Home Loan scheme as well as the ability to withdraw your KiwiSaver funds to assist in purchasing a home. Our lawyers can help you understand the eligibility criteria and navigate the application process to access these valuable financial resources.

Mortgage and financing: Securing financing for your first home purchase is a significant aspect of the process. We can work with you to review mortgage agreements, liaise with your mortgage advisor or bank, and ensure that you understand your repayment obligations and any potential risks associated with your loan.

Legal documentation and settlement: As your lawyer, we prepare and review all necessary legal documents to complete settlement of your purchase, including the transfer of title, mortgage contracts, and any additional agreements or disclosures required by law. We’ll guide you through each step of the settlement process, ensuring that all documents are properly executed and recorded.

Property disputes and resolution: In the event of any disputes or legal issues arising during the purchasing process, our lawyers are here to provide prompt and effective resolution. Whether it’s negotiating with sellers, resolving title defects, or addressing any other legal challenges, we’ll advocate for your best interests and work towards a favourable outcome.

At Dawsons Lawyers, we understand that purchasing a home can be a stressful time, and we’re here to provide the expert legal guidance you need to make informed decisions and protect your interests every step of the way. Contact us today to schedule a consultation and learn more about how we can assist you.