Forums / Property Investing / Creative Investing / NZ Lease Option System

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  • Profile photo of itchyfeetitchyfeet
    Member
    @itchyfeet
    Join Date: 2004
    Post Count: 12

    Hi All,

    I have purchased a couple of +CF properties recently in NZ, one of which I think is perfect for a lease-option (from what I understand about them). The problem is I have never done a lease option before so do not know really where to start.
    My specific questions are:
    1. Does anyone know of a solicitor in NZ who is familiar with lease-options?
    2. Are there any specific laws in NZ I would need to be aware of?
    3. Where can I source more detailed information about lease options such as legal templates, prequalifying forms, advertisements etc (either NZ or Aust)?
    4. I would be interested to locate someone in NZ to source potential lease-option buyers, prequalify them, and then refer their details to me. I would pay them a finders fee for this service. Does anyone have any thoughts on this issue, or contacts who could do this (particularly in the South Island).

    Thanks in advance,

    ItchyFeet

    Profile photo of FFCommFFComm
    Member
    @ffcomm
    Join Date: 2004
    Post Count: 627

    Heres some info (it might be not what you are looking for, but considering how closely structured LO are to wraps, it should provide a bit of backgorund info:
    http://www.propertytalk.co.nz/modules.php?name=Forums&file=viewtopic&t=327&highlight=wrap

    Rgds.
    Lucifer_au

    Profile photo of itchyfeetitchyfeet
    Member
    @itchyfeet
    Join Date: 2004
    Post Count: 12

    Thanks Lucifer_au – that was a good link.

    Any ideas where I get hold of some LO templates (NZ or Aust?)

    Cheers,

    ItchyFeet

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