Home Purchase Agreement Template for New Zealand

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Home Purchase Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Home Purchase Agreement

"I need a Home Purchase Agreement for a beachfront property in Auckland, New Zealand, with settlement scheduled for March 2025, that includes special conditions for existing tenants and specific provisions for natural hazard risks."

Document background
The Home Purchase Agreement serves as the primary legal instrument for residential property transactions in New Zealand. It is essential when transferring ownership of residential property from a vendor to a purchaser, establishing legally binding obligations for both parties. The agreement must comply with New Zealand property law, including the Property Law Act 2007, Land Transfer Act 2017, and other relevant legislation. It typically includes detailed information about the property, purchase price, settlement terms, conditions of sale, warranties, and the rights and obligations of all parties involved. This document is crucial for protecting both buyers and sellers, ensuring clear communication of terms, and facilitating a smooth property transfer process. The agreement should be reviewed by legal professionals to ensure compliance with current New Zealand property law requirements and to protect the interests of all parties involved.
Suggested Sections

1. Parties: Identification and details of the vendor(s) and purchaser(s), including full legal names and addresses

2. Background: Context of the transaction and brief description of the property being sold

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Details: Complete legal description of the property, including title details and physical address

5. Purchase Price: Agreed purchase price and payment terms, including deposit requirements

6. Settlement: Settlement date, time, and process requirements

7. Title and Transfer: Conditions regarding transfer of title and requirements for clear title

8. Property Inspection: Rights and processes for property inspection before settlement

9. Vendor's Warranties: Warranties provided by the vendor regarding the property's condition and compliance

10. Purchaser's Warranties: Warranties provided by the purchaser regarding financial capacity and other obligations

11. Risk and Insurance: Allocation of risk and insurance requirements until settlement

12. Default: Consequences and remedies in case of default by either party

13. General Terms: Standard contract terms including notices, amendments, and governing law

14. Execution: Signing provisions and date of agreement

Optional Sections

1. Chattels: Detailed listing of chattels included or excluded from the sale, used when specific items need to be clearly identified

2. Tenancies: Details of existing tenancies and arrangements, required when the property is sold with tenants in place

3. GST: GST treatment of the transaction, required when either party is GST registered or the property is part of a taxable activity

4. Property Development: Specific conditions related to uncompleted works or future development, used for properties under construction or requiring completion of works

5. Body Corporate: Body corporate details and obligations, required for apartments or units under body corporate management

6. Conditional Terms: Special conditions such as finance, sale of purchaser's property, or other specific requirements

7. Overseas Investment: Required when purchaser is an overseas person under the Overseas Investment Act

Suggested Schedules

1. Schedule 1: Property Details: Detailed property information including certificate of title, legal description, and area

2. Schedule 2: Chattels List: Comprehensive list of chattels included and excluded from the sale

3. Schedule 3: Outstanding Requisitions: List of any outstanding local authority requisitions

4. Schedule 4: Special Conditions: Detailed special conditions agreed between the parties

5. Appendix A: LIM Report: Land Information Memorandum report from the local council

6. Appendix B: Title Documents: Copy of certificate of title and relevant registered documents

7. Appendix C: Building Report: Independent building inspection report if obtained

8. Appendix D: Body Corporate Documents: Relevant body corporate rules and documents if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Relevant Industries

Real Estate

Property Development

Legal Services

Financial Services

Construction

Property Management

Banking

Insurance

Public Sector

Relevant Teams

Legal

Real Estate

Property Management

Conveyancing

Compliance

Risk Management

Property Development

Sales

Finance

Operations

Relevant Roles

Real Estate Agent

Property Lawyer

Conveyancing Specialist

Property Manager

Mortgage Broker

Bank Manager

Property Valuer

Real Estate Partner

Legal Counsel

Compliance Officer

Property Developer

Settlement Officer

Title Officer

Real Estate Transaction Coordinator

Property Investment Advisor

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Supply Purchase Agreement

A New Zealand-governed agreement establishing terms for the supply and purchase of goods between parties, including ordering, delivery, pricing, and quality requirements.

find out more

Letter Of Intent To Purchase (Real Estate)

A preliminary document under New Zealand law expressing a potential buyer's intention to purchase specific real estate and outlining proposed purchase terms.

find out more

Letter Of Intent To Purchase Commercial (Real Estate)

A preliminary document under New Zealand law expressing intent to purchase commercial property and outlining key proposed transaction terms.

find out more

Letter Of Intent Commercial (Real Estate)

A preliminary document outlining proposed terms for commercial property transactions in New Zealand, setting the framework for property purchase negotiations while specifying binding and non-binding provisions.

find out more

Option To Purchase Real Estate Agreement

A New Zealand-compliant agreement granting the exclusive right to purchase specified real estate at predetermined terms within an agreed timeframe.

find out more

Heavy Equipment Purchase Agreement

A New Zealand-governed agreement for the commercial purchase and sale of heavy equipment, including terms, specifications, and compliance requirements.

find out more

Buyback Agreement

A New Zealand law-governed agreement establishing terms for the repurchase of assets, shares, or items by their original owner or issuing entity.

find out more

Lease Agreement With Option To Purchase

A New Zealand-compliant agreement combining property lease terms with a future purchase option for the tenant.

find out more

Commercial Lease Agreement With Option To Purchase

A New Zealand-governed agreement combining a commercial property lease with an option for the tenant to purchase the property under specified terms and conditions.

find out more

Aircraft Sale Agreement

A New Zealand-governed agreement for the sale and purchase of aircraft, including terms, conditions, and regulatory compliance requirements.

find out more

Advance Agreement For Land Purchase

A New Zealand-governed agreement setting out terms and conditions for a future land purchase, including due diligence and completion requirements.

find out more

Dealer Purchase Agreement

A New Zealand-compliant agreement between motor vehicle dealers and purchasers for the sale of vehicles, adhering to local automotive sales regulations.

find out more

Asset Purchase Form

A New Zealand-compliant legal document facilitating the transfer of asset ownership from seller to purchaser, detailing terms, conditions, and requirements of the sale.

find out more

Vehicle Purchase Contract

A New Zealand-compliant agreement for the sale and purchase of vehicles, incorporating essential terms and conditions under NZ law.

find out more

Client List Purchase Agreement

A New Zealand-governed agreement for the sale and purchase of a client list, ensuring compliance with privacy and commercial laws while facilitating business transfer.

find out more

Truck Lease To Own Agreement

A New Zealand-governed agreement establishing terms for leasing a commercial truck with an option to purchase at the end of the lease term.

find out more

Owner Finance Purchase Agreement

A New Zealand-compliant agreement for property purchase where the seller provides direct financing to the buyer, combining property sale and loan terms.

find out more

Business Buyout Agreement

A New Zealand-governed agreement documenting the terms and conditions for the sale and purchase of a business, including all essential transaction elements and regulatory compliance requirements.

find out more

Option To Purchase Business Agreement

A New Zealand law-governed agreement granting the right to purchase a business under specified terms and conditions within an agreed timeframe.

find out more

Agreement Of Purchase And Sale Form For Private Sale

A New Zealand-compliant legal agreement documenting the terms and conditions for the private sale of property between a vendor and purchaser.

find out more

Franchise Purchase Agreement

A New Zealand-governed agreement establishing the terms and conditions for purchasing and operating a franchise business, including rights, obligations, and operational requirements.

find out more

Quota Purchase Agreement

A New Zealand-specific agreement for the transfer of fishing quota shares under the Quota Management System, including purchase terms and regulatory compliance requirements.

find out more

Commercial Lease Purchase Agreement

A New Zealand-governed agreement combining commercial property lease terms with purchase rights/obligations for the tenant to acquire the property under specified conditions.

find out more

Price Purchase Agreement

A New Zealand-governed agreement setting out terms and conditions for purchase and sale of assets, including price, payment terms, and completion requirements.

find out more

Goods Purchase Agreement

A New Zealand-compliant agreement setting out terms and conditions for the commercial purchase and sale of goods.

find out more

Bond Purchase Agreement

A New Zealand-governed agreement setting out terms and conditions for the purchase of bonds between issuer and purchaser(s), compliant with local financial markets regulations.

find out more

Pre Purchase Agreement

A New Zealand-governed agreement that establishes preliminary terms and conditions for a potential property or asset purchase, including due diligence requirements and conditions precedent.

find out more

Product Purchase Agreement

A New Zealand law-governed agreement setting out terms and conditions for the purchase and sale of products, including specifications, pricing, and delivery terms.

find out more

Letter Of Intent To Purchase Shares

A preliminary document under New Zealand law outlining the proposed terms and conditions for a share purchase transaction, including both non-binding commercial terms and binding provisions like confidentiality.

find out more

Land Option Agreement

A New Zealand-compliant agreement granting exclusive rights to purchase specified land within an agreed timeframe and terms.

find out more

Entity Purchase Agreement

A New Zealand-governed agreement for the purchase and sale of an entity, including comprehensive terms, conditions, and transaction mechanics.

find out more

Wholesale Purchase Agreement

A New Zealand-governed agreement establishing terms for wholesale purchase and supply of goods between commercial parties.

find out more

Aircraft Purchase Letter Of Intent

A New Zealand law-governed preliminary document outlining key terms and conditions for a proposed aircraft purchase, serving as a framework for negotiating the final agreement.

find out more

Option To Buy Contract

A New Zealand-governed agreement granting the right to purchase specified property at predetermined terms within an agreed timeframe.

find out more

Retail Purchase Agreement

A New Zealand-compliant agreement outlining terms and conditions for the sale of goods between a retailer and customer, incorporating local consumer protection requirements.

find out more

Hardware Purchase Agreement

A New Zealand-governed agreement setting out terms and conditions for hardware equipment purchases, including specifications, pricing, warranties, and delivery terms.

find out more

Company Purchase Agreement

A New Zealand-governed agreement setting out terms and conditions for the purchase and sale of a company, including price, warranties, and completion obligations.

find out more

Material Purchase Agreement

A New Zealand-governed agreement setting out terms and conditions for the purchase and supply of materials between commercial parties.

find out more

Commercial Property Purchase Agreement

A legally binding agreement under New Zealand law for the purchase and sale of commercial property, detailing all terms and conditions of the transaction.

find out more

Short Form Asset Purchase Agreement

A concise New Zealand-compliant agreement for the purchase and sale of business assets, designed for straightforward asset transfers.

find out more

Letter Of Intent To Purchase Land

A preliminary document used in New Zealand property transactions that outlines the key terms and conditions for a proposed land purchase, serving as a precursor to a formal Sale and Purchase Agreement.

find out more

Special Purchase Agreement

A New Zealand-governed agreement setting out terms and conditions for specific purchases, typically used for significant or specialized acquisitions.

find out more

Membership Interest Purchase Agreement

A New Zealand-governed agreement for the sale and purchase of membership interests in a company, detailing transfer terms and conditions.

find out more

Deferred Purchase Agreement

A New Zealand law-governed agreement establishing terms for a deferred purchase arrangement, compliant with NZ financial markets legislation.

find out more

Buyers Agreement Form

A New Zealand-compliant legal agreement that establishes terms and conditions between buyer and seller for the purchase of goods or services.

find out more

Assignable Real Estate Contract

A New Zealand-compliant real estate contract that enables the transfer of property ownership and includes provisions for assigning the purchaser's rights to third parties.

find out more

Unit Purchase Agreement

A New Zealand-compliant legal agreement for the sale and purchase of unit title properties, including terms, conditions, and mandatory disclosures under NZ law.

find out more

Reverse Purchase Agreement

A New Zealand law-governed agreement establishing terms for asset sale with guaranteed future repurchase, including pricing, timing, and completion requirements.

find out more

Purchase And Supply Agreement

A New Zealand law-governed agreement establishing terms for regular supply of goods or services between supplier and purchaser, including ordering, delivery, pricing, and quality requirements.

find out more

Master Receivables Purchase Agreement

A New Zealand law-governed agreement establishing terms for the ongoing purchase of receivables between parties, including sale conditions, pricing, and operational procedures.

find out more

Joint Purchase Agreement

A New Zealand-governed agreement establishing terms for joint asset purchase and ownership between multiple parties.

find out more

House Contract Agreement

A New Zealand-governed agreement for the sale and purchase of residential property, outlining terms, conditions, and obligations for property transfer.

find out more

Exclusive Purchase Agreement

A New Zealand law-governed agreement establishing exclusive purchasing rights and obligations between a supplier and purchaser.

find out more

Advance Purchase Agreement

A New Zealand law-governed agreement setting out terms for advance purchase of goods/services, including payment terms, delivery commitments, and quality specifications.

find out more

Stock Purchase Agreement

A New Zealand-governed agreement for the sale and purchase of company shares, detailing transaction terms and regulatory compliance requirements.

find out more

Home Purchase Agreement

A legally binding agreement under New Zealand law for the sale and purchase of residential property, detailing transaction terms and party obligations.

find out more

Software Acquisition Agreement

A New Zealand-governed agreement for the purchase and licensing of software solutions, defining terms, conditions, and obligations between vendor and purchaser.

find out more

Inventory Purchase Agreement

A New Zealand law-governed agreement setting out terms for regular inventory purchase and supply between commercial parties.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.