Covid19 Buyer & Seller Update @ September 2021
Transacting real estate during NZ Covid19 Lockdowns in 2021 is likely to be stressful for all parties involved in a transaction. So please do be considerate to the needs of others when you’re communicating about a transaction.
The information provided here is a guide only and subject to change : For updates please refer to www.settled.govt.nz/blog/buying-and-selling-property-during-the-covid-19-lockdown/
This page explains some of your options if you’re buying or selling property during COVID-19 alert level 4. This page was last reviewed 18 August 2021 To see what alert level your region is at and for general information about the current COVID-19 situation please visit covid19.govt.nz.
Land Information New Zealand (LINZ), most banks and many lawyers, conveyancers and real estate agents are working remotely, and this may cause delays.
Talk to your real estate agent and lawyer or conveyancer about what to do if you’re in the middle of a real estate transaction.
The Real Estate Authority (REA) recommends that you and the other party defer settlement until both the buyer and the seller are at alert level 3 or lower.
Real estate business can only go ahead if it doesn’t require people to break alert level 4 restrictions.
During alert level 4, buyers cannot move into new properties and sellers cannot move out of their properties.
Read the government alert level 4 guidance on the COVID-19 website.