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Buying property in New Zealand
When you move to a new country, purchasing a property can help you feel settled.
AI summary
Buying property in New Zealand is generally for residents and citizens. The process varies by sale method, and an accepted offer is legally binding.
Key considerations include potential building issues like leaky buildings (built late 1980s-mid 2000s), problem materials such as Dux Quest piping, and the need for good ventilation.
Due to natural hazards, research the property's history and consider a LIM report. Always engage a support team of professionals, including a lawyer and property inspector.
Who can buy property in New Zealand?
The New Zealand property-buying process
When your offer is accepted, you must buy the property
Types of land ownership and housing styles
New Zealand building issues to be aware of
New Zealand’s natural hazards
What you can expect from a real estate agent
Professionals who can support you through the process
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