When it comes to “pushing the boundaries” in terms of property law, an area that throws up some interesting – and challenging – issues is encroachment.
The hot pool at the new Wanaka Community Pool complex was at risk of being canned, but proceeded thanks to the generosity of two business identities and philanthropists, who bequeathed $1m to enrich the Upper Clutha community they held so dear.
Welcome to our second instalment of Caveat venditor, where we’re exploring the very real risks sellers can face during – and well after – property transactions.
If you haven’t already, you can check out part 1 here.
Caveat Emptor – buyer beware –is a well-worn phrase that underscores the importance of potential buyers doing their homework before agreeing to any purchase – and living with the fallout if they don’t.
