Vendors are required to disclose certain information when selling a property to ensure transparency and avoid legal complications.  It is in the vendor's best interest to be upfront about key issues when listing with their agent. 

One of the most important things to disclose is any known defects in the property. This could include structural problems, leaky building issues, or significant repairs that have been done or are still required. If the property has been involved in weather tightness claims (for leaky homes), the vendor should disclose this, as it can affect the property’s value.

It’s also important to provide accurate information about the property’s title and any restrictions or easements that may affect it, such as shared driveways or right-of-way access. Any unconsented building work or alterations must be disclosed, as buyers will need to know if any parts of the property do not meet legal requirements. Also, understand the importance of the flats plan being up to date.

If there are zoning changes or planned developments in the area that may impact the property, such as new roads or construction, vendors should inform potential buyers. Additionally, information about flooding risks or whether the property is in a high-risk natural disaster area should be disclosed.

Although vendors are not legally obligated to volunteer all information, misrepresenting or withholding material facts could lead to legal consequences. Transparency builds trust and can prevent issues from arising later in the sale process, benefiting both the vendor and the buyer.  If unsure, you should seek legal advice. 

Yan Davies, a long-time North Shore local, has amassed a wide network of quality clients and superior knowledge of the area. She is an active Milford Cruising Club member. She works hard for her clients, driven by a sense of duty to provide a high level of service. She holds a Master's Degree in business and administration and speaks English and Chinese fluently.

Yan Davies 燕
021 585 590
yan.davies@bayleys.co.nz
Licensed under the REA Act 2008

唯一华人中介@ Bayleys Takapuna