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Chris The Lawyer
Chris The Lawyer, Lawyer
Category: New Zealand Law
Satisfied Customers: 23054
Experience:  38 years qualified as a lawyer; LLB, MMgt and FAMINZ.
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What obligations does my grandma have if she wants to sell

Customer Question

What obligations does my grandma have if she wants to sell me,her house privately? What price can she sell it to me at, is there a minimum price? Does she have to advertise it to the public?
Submitted: 1 year ago.
Category: New Zealand Law
Expert:  Chris The Lawyer replied 1 year ago.

She can sell to you at any price she wants. If however she later nees to seek a resthome subsidy she may need to prove the price was the arket price ot the sale can be unwound.