Managing property today isn’t what it used to be.
With new regulations, tighter compliance and rising tenant expectations, staying on top means being proactive and staying informed.
Here’s a taste of some developments in the commercial property space that we’re across for our clients.
ADLS Lease – seventh edition brings key updates
The Auckland District Law Society (ADLS) Deed of Lease has now moved to its seventh edition.
This update, which sets out the key terms between landlords and any commercial space, brings changes to several important clauses.
Changes include how rent reviews are handled, new expectations around reinstatement and make-good obligations, plus updates to outgoings.
While every lease can still be negotiated and tailored, these standard terms often form the starting point for commercial leases.
BWOF and compliance changes
Recent council communications have introduced stricter expectations around compliance of specified systems.
These changes reflect a stronger focus on how systems are designed, maintained, and certified, with closer scrutiny on inspection procedures and supporting documentation.
Random BWOF audits are now being carried out by councils, and if non-compliance is identified, property owners are being given set timeframes to resolve issues.
The goal: to ensure these critical systems work as intended when they’re needed most.
For property owners and managers, this means staying proactive on compliance – not only making sure your systems and paperwork meet required standards but also improving your chances of passing random audits and avoiding costly follow-ups.
Whether you’re in New Zealand or overseas, we navigate these complexities for you so your property remains compliant and a valuable asset.
