Level 8, Chorus House, 66 Wyndham St.
New Zealand 1010
When you list with Charta Real Estate you can be assured of a quick and honest transaction. Decades of satisfied clients have enabled us to grow a huge database of serious subscribers to our newsletters (across New Zealand, Australia, New Caledonia, China, the UK & the US). We have up to date digital analysis of our listings and a strong internet presence through social media, realestate.co.nz, TradeMe.co.nz.
Although we have very competitive marketing plans, we understand that every property is as individual as it’s owners and we are happy tailor a marketing plan for you.
It seems the positive experience of working with CRE is most obvious in the fact that approximately 50% of our listings are from re-sales, with vendors and purchasers returning repeatedly and dealing exclusively with our team members.
Charta Real Estate - No drama, just quiet confidence to assist you through the process of buying or selling your precious investment.
Charta Real Estate Ltd is a real estate company licensed under the Real Estate Agents Act 2008.
It seems the new Anti-Money Laundering regulations are causing some confusion, and many clients do not understand what is required of them.
Thankfully the REINZ have created this great little flow chart that makes it a little easier to understand.
From 1 January 2019 Real Estate agents will (among other things), be required to verify the identity of their clients in accordance with AML/CFT legislation. This is called Customer Due Diligence (CDD). They are required to identify who their clients are (i.e. who they are acting for). This could be individuals, companies, trusts, or other client types like societies and government departments etc. This means asking for information to verify your full name, date of birth, and residential address.
For Frequently Asked Questions (FAQs) click here.
The REINZ have also put together this short video to share with vendors to help understand what is required. We hope this helps. https://www.reinz.co.nz/news-item-30-january
Other links that might be useful: https://amlsolutions.co.nz/clientverification/
Level 8 - AIG Building
41 Shortland Street
Auckland Central, Auckland 1010
The Overseas Investment Office administers New Zealand’s overseas investment laws. In general, overseas people who are not residents cannot buy homes to live in, but other investment opportunities are available. This information graphic (PDF, 210KB) gives an overview of investment opportunities in New Zealand.
From 22 October 2018, every purchaser of land that is classified as residential or lifestyle, or that includes residential/lifestyle land (regardless of whether they are an Overseas Person or not), will need to complete a Residential Land Statement advising whether they require Overseas Investment Office (OIO) consent to buy the property.
The Residential Land Statement is available on the REINZ website https://www.reinz.co.nz/latest-best-practice-guides, under Advisory resources, and on the Overseas Investment Office website.
The purchaser’s lawyer or conveyancer will assist them to complete their Residential Land Statement, which needs to be completed prior to settlement.
What does this mean for a purchaser of residential land?
If the purchaser requires OIO consent to purchase the property:
1. They will need to apply to the OIO for permission to do so; and
2. The sale and purchase agreement must be conditional on them obtaining OIO consent, unless they have already obtained a pre-approval from OIO.
If an Overseas Person enters a sale and purchase agreement that is not conditional on OIO consent:
• they will be in breach of the Overseas Investment Act as soon as they enter the agreement;
• they will not be able to settle the contract, even if it is otherwise unconditional, until OIO consent is granted;
• any deposit they have paid may be forfeited;
• the purchaser could be liable for penalty interest for delayed settlement pending the granting of OIO consent;
• the vendor could take action against the purchaser for any losses suffered, including a loss on re-sale of the property; and
• if the vendor or real estate agent knew OIO consent was required, they could be liable for civil penalties.
SALES & MARKETING R.E.
We are always looking to add a Real Estate sales and marketing stars to our team. If you want to work with a genuinely helpful and friendly bunch and are motivated increase your profile and earning potential get in touch with us now!
Charta Real Estate welcomes genuine committed individuals who are looking to further their real estate career. If you believe you have the necessary credentials to add value to our successful team please apply or contact us directly.