When issues arise under a ground lease, they can have far-reaching consequences for a client. Good advice from the outset is essential to avoid the risk of significant financial set back.
Learning Outcomes:
- Understand the different ground lease structures, the advantages and disadvantages of each and the issues relating to them
- Learn to identify risks in rent review clauses and terminating ground leases
- Gain insight into how leases affect value
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Other topics from the Property Law Half-Day Conference 2015:
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Presenters
Justin March,
Senior Partner
DLA Phillips Fox
Justin is a senior partner and practice group leader of the DLA Phillips Fox property team. He is a specialist in commercial property and has clients across a range of industry sectors. He advises international clients with significant property portfolios, operating across multiple jurisdictions. He has expertise in all aspects of property, infrastructure and development and has been involved in major commercial and residential development projects. Justin is ranked by Chambers Asia-Pacific Guide 2014 as a leading real estate lawyer.
Reid Quinlan
Principal
Seagar & Partners
Reid is an Associate Member of the NZ Institute of Valuers and a Senior Member of the NZ Property Institute. He has had extensive experience in the preparation of rental valuation reports and arbitrations on ground rent properties.
He has provided independent advice to Auckland’s major waterfront land owners and has been a guest lecturer at Auckland University on leasehold valuations.