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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.
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