WebThe land covenants were 20 years old and ran for 200 years. The land covenants had been put in place to protect New Zealand Industrial Park Limited’s (“ NZIPL ”) ability to develop a quarry in the future. Removing the land covenants would make it more difficult for NZIPL to apply for a quarry resource consent on Stonehill’s land. WebA property does not have to be entered on the List with Heritage New Zealand in order to …

Land Covenants and what you need to know about them - AWS …

WebProperty owners are bound by covenants to perform or not perform in specified ways. Covenants may be private agreements between parties or may be imposed by the council. Information on why a council encumbrance or covenant was imposed should be held on the relevant council property file. WebLand covenants are commonly used in New Zealand to protect a party’s underlying … dividende nexity 2022

The difference between lifestyle and rural properties - realestate.co.nz

WebApr 18, 2024 · If you can mow the lawns with a hand lawnmower, you’ve got yourself a residential property. If you need a ride on, it’s lifestyle. Rural properties require a tractor. It may seem I’m being flippant, but with no official parameters on when residential becomes lifestyle becomes rural, it’s a good rule of thumb. WebJul 8, 2024 · Covenants are used in contracts to enforce promises. They require a party to either engage or not engage in a particular action. A covenant is considered a type of contractual condition that one party imposes on the other. Commonly, a lease agreement will have certain covenants embedded in it. WebJul 24, 2024 · This is not, however, always practicable: one owner (or its mortgagee) could refuse to remove a restrictive covenant; thereby, stifling the entire process. In these circumstances, a landowner bound by a restrictive covenant must apply to the court for an order modifying or extinguishing the covenant under section 317 of the Property Law Act … craft chiropractic middleville mi