By Mt Hobson Group

03/13/2012 Buying a property can be one of the biggest transactions we make. Obtaining the right preliminary advice is essential to ensuring that the process of purchase runs smoothly. Many times, living in a new home or building a new business can become disastrous without a LIM (Land Information Memorandum) report. Discovering that a new home may flood or that this home is located in a zone that permits commercial activities can be a nightmare, a nightmare that can end up costing a home owner thousands of dollars and their peace of mind.

If you are considering purchasing a property in Auckland City, we recommend that you obtain a LIM before finalising the purchase. Obtaining a LIM and having that report professionally reviewed by a consent specialist (Mt Hobson Properties happens to be your resource consent expert on duty today!) is a prudent step when purchasing a new home. You will find a LIM to be very useful in helping to identify issues on the site and/or any potential development restrictions.
What is a LIM?
 A LIM (Land Information Memorandum) is a report prepared by council that provides some or all of the following: • Information on Special Land Features including Potential Erosion

• Avulsion (Removal of Land by Water Action)

• Falling Debris

• Subsidence

• Slippage

• Alluvion (The Deposition of Silt from Flooding)

• Inundation (Flooding)
• Presence of Hazardous Contaminants which are likely to be Relevant to Land

• Information on Private and Public Stormwater and Sewerage Drains
• Information Relating to Any Rates Owing in Relation to the Land

• Details of Approved Permits and Consents indicating where Further Action is Required

• Details of Approval Status of Code Compliance Certificates: Approval for Building Consents
• Compliance Schedule: Required for Certain Systems or Features of Certain Properties
• Details of Dangerous Goods, Liquor, Hairdressing and Health Licences
• Details of Operative and Proposed Zoning, Road Widening, Height Restrictions, View and Tree Protection, and any Historic Places Trust Listing
• Any outstanding requisitions or notifications from Auckland City regarding any matters on that property that do not meet Auckland City specifications and which require action within a certain time frame. Satisfying requisitions is the responsibility of the owner of the property
• Such other Information Concerning the Land which Auckland City considers to be Relevant

Feel free to contact Mt Hobson Group at 09 950 5101. We can help cut out the red tape on this report, as well as other necessary consents that may be needed as you move forward with your property purchase.

Mt Hobson Group

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