Explore
What is a LIM Report?
It pays to learn all you can about a property you’re keen on. Find out more in this article from Settled.govt.nz.
Last updated: 23 January 2025
AI summary
A LIM report (Land Information Memorandum) is a crucial due diligence step when buying property in New Zealand. Prepared by the local council for a fee, it summarises official information held on a property.
This includes details on consents, zoning, rates owing, and potential hazards like flooding or erosion. While not exhaustive, a LIM provides valuable insights. Including a LIM condition in your sale and purchase agreement allows you to withdraw from the purchase if significant issues are revealed.
How can I get a LIM report?
A LIM provides important information about the property.
Can I get the information I need without applying for a LIM?
Getting a LIM report can save you money in the long run.
Do I really need a LIM report?
A LIM report can uncover any potential issues such as flooding and instability, and other natural hazards.
How much does a LIM report cost?
How long does it take to get a LIM report?
Getting a LIM report can provide peace of mind moving into your new home.
Discover More
'I fell in love with it immediately': The clifftop home he wasn't going to lose twice
A beloved Torbay clifftop home with sweeping Hauraki Gulf views is back on the market after seven years.
‘Completely irrelevant': The one number a top agent wishes you'd stop obsessing over
Ray White’s Dean Tuffley gives us the no-nonsense advice Kiwi buyers and sellers actually need.
Search
Other articles you might like
