Question
Jane wants to follow on from the lawyer's discussion by also explaining the sales process and property ownership in New Zealand. Feedback from last year's
Jane wants to follow on from the lawyer's discussion by also explaining the sales process and property ownership in New Zealand. Feedback from last year's buyer information evening indicated that some of the attendees had difficulty understanding the sale and purchase process and industry terminology. To help make sure first-time buyers and those with limited English have a good understanding of the evening's presentation, Jane has asked you to prepare the following for the 'Info Pack':
i. A brief overview of the Torrens land transfer system used in New Zealand.
ii. Explain what the customer, client, customer's solicitor and client's solicitor do, starting with the sale and purchase agreement, and ending with the completed sale.
iii. Summarise by explaining the process of registering the new owner's details on the certificate of title at LINZ.
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