If you’re considering purchasing shares and units in a company in New Zealand, it’s crucial that you receive legal advice from a lawyer well-versed in New Zealand law to ensure you understand the transaction and adhere to the correct legal procedures. 

What Is Involved In A Share And Unit Sale In New Zealand?

There are many legal considerations you’ll need to make when engaging in a share and unit sale in New Zealand. Our Share and Unit Sale package is quite comprehensive and includes the following:

  • Reviewing changes made to the Share and Unit Sale Agreement by the purchaser’s lawyer and making amendments to the document before it is signed
  • Advising you on your next steps after signing the Agreement
  • Conducting a search on the Personal Property Securities Register (PPSR) in New Zealand, advising you on which security interests to arrange, and assisting you in perfecting these
  • Preparing various share and unit documents required under the Share and Unit Sale Agreement
  • Preparing any resolutions and minutes of meetings that are requirements of the Agreement
  • Advising you on what you need to provide to the purchaser at completion
  • Submitting an application to assign leases
  • Assistance with applying for the assignment of a maximum of 2 additional contracts (if needed)
  • Scheduling completion
  • Preparing a completion statement and liaising with you or your accountant
  • Advising you on any post-settlement obligations you need to fulfil

Need Help?

Here at Sprintlaw, we have a wealth of experience in Share and Unit Sales within New Zealand. Feel free to reach out to us at [email protected] or on 0800 002 184.

About Sprintlaw

We're an online legal provider operating in New Zealand, Australia and the UK. Our team services New Zealand companies and works remotely from all around the world.

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