Land Installment Agreement Template for New Zealand

1. Existing Tenancies: Required if there are existing tenants in the property, outlining their rights and relevant arrangements

2. Property Development Rights: Include if the purchaser wishes to undertake development during the installment period

3. Early Payment Provisions: Terms for early payment of the full purchase price, including any applicable discounts

4. Property Management: Required if a property manager will be appointed during the installment period

5. GST Provisions: Required if either party is GST-registered and the transaction is subject to GST

6. Overseas Investment Provisions: Required if the purchaser is an overseas person under the Overseas Investment Act

7. Subdivision Rights: Include if the property may be subdivided during the installment period

8. First Right of Refusal: Optional clause giving vendor first right to repurchase if purchaser wishes to sell

1. Schedule 1: Property Details: Detailed property description, including boundaries, easements, and encumbrances

2. Schedule 2: Payment Schedule: Detailed installment payment schedule including dates, amounts, and interest calculations

3. Schedule 3: Property Inventory: List of any chattels or fixtures included in the sale

4. Schedule 4: Special Conditions: Any special conditions or variations to standard terms

5. Appendix A: Title Documents: Copy of current title and relevant title documents

6. Appendix B: Property Inspection Report: Independent property inspection report if obtained

7. Appendix C: Insurance Certificates: Copies of required insurance policies

8. Appendix D: Property Plans: Property plans, including any relevant LIM report information