The New Home Sales Contract is a crucial legal document used in New Zealand's residential construction and property development sector. It is specifically designed for transactions involving newly constructed homes, whether they are yet to be built, under construction, or recently completed. This contract type combines elements of both property sale and construction agreements, ensuring compliance with New Zealand's building regulations, consumer protection laws, and property transfer requirements. It is essential for property developers, construction companies, and individuals engaging in new home purchases, providing comprehensive coverage of construction specifications, payment schedules, warranties, and completion requirements. The document must align with multiple New Zealand statutes including the Building Act 2004, Property Law Act 2007, and Consumer Guarantees Act 1993, while also incorporating industry best practices for residential construction and sales.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the vendor/builder and purchaser with full legal names and addresses
2. Background: Context of the agreement, including property details and purpose of the transaction
3. Definitions: Defined terms used throughout the agreement, including technical construction terms
4. Property Details: Legal description of the land and proposed house, including title details and address
5. Purchase Price: Total price, deposit requirements, and payment schedule
6. Construction Specifications: Overview of construction requirements, standards, and materials
7. Construction Timeline: Expected start and completion dates, stages of construction, and milestone payments
8. Settlement and Possession: Conditions for settlement, key handover, and possession arrangements
9. Title and Ownership: Requirements for clear title and transfer of ownership
10. Warranties and Guarantees: Building warranties, guarantees, and defects liability period
11. Insurance: Required insurance during construction and at completion
12. Default and Remedies: Consequences of default by either party and available remedies
13. Dispute Resolution: Process for handling disputes between parties
14. General Provisions: Standard contract clauses including notices, amendments, and governing law
1. Finance Condition: Include when purchaser requires finance approval
2. Land Subdivision: Required if the land is yet to be subdivided
3. Resource Consent: Include when building consent or resource consent is still pending
4. Sunset Clause: Time limit for meeting conditions or completion, used when there are significant uncertainties
5. Progressive Payments: Alternative payment structure for staged payments during construction
6. Variations: Process for handling changes to specifications or scope during construction
7. Body Corporate: Include for properties within a unit title development
8. Rental Guarantee: Optional investment protection for investment properties
9. Maintenance Period: Extended maintenance obligations beyond standard warranties
1. Schedule 1: Plans and Specifications: Detailed architectural plans, engineering drawings, and building specifications
2. Schedule 2: Inclusions and Exclusions: Detailed list of included fixtures, fittings, and exclusions
3. Schedule 3: Payment Schedule: Breakdown of payment stages and amounts
4. Schedule 4: Construction Timeline: Detailed construction program with specific milestones
5. Schedule 5: Warranties: Full warranty terms and conditions
6. Schedule 6: Materials and Finishes: Detailed specifications of all materials and finishes
7. Appendix A: Land Information Memorandum: Council property information and restrictions
8. Appendix B: Title Documents: Current title and any relevant easements or covenants
9. Appendix C: Building Consent: Copies of building consent documentation
10. Appendix D: Insurance Certificates: Copies of required insurance policies
Find the exact document you need
Real Estate For Sale By Owner Contract
A legal agreement for private property sales in New Zealand, used when selling real estate without an agent's involvement.
Download
Presale Agreement
A legally binding agreement under New Zealand law for the purchase of property before completion, typically used in new developments and off-the-plan purchases.
Download
Sale Of Partnership Agreement
A New Zealand-governed agreement for the sale and transfer of partnership interests, ensuring compliance with local partnership laws and commercial requirements.
Download
Apartment Sale And Purchase Contract
A New Zealand-compliant legal agreement for the sale and purchase of apartment properties under unit title ownership.
Download
Basic Purchase And Sale Agreement
A New Zealand law-governed agreement setting out terms and conditions for the sale and purchase of goods between two parties.
Download
Asset Sale Purchase Agreement
New Zealand-governed agreement for the sale and purchase of business assets, including terms, conditions, and completion requirements.
Download
Direct Selling Agreement
A New Zealand-governed agreement establishing terms between a company and independent direct seller for product/service distribution, including commission structures and compliance requirements.
Download
Old Vehicle Sale Agreement
A New Zealand-compliant agreement for the sale and purchase of a used vehicle, covering vehicle details, payment terms, and ownership transfer.
Download
New Home Sales Contract
A New Zealand-compliant contract for the sale and construction of new residential properties, establishing terms between builder/developer and purchaser.
Download
Vendor Sales Agreement
A New Zealand-law governed agreement establishing terms and conditions for the sale of goods between vendor and purchaser.
Download
Stock Sale Contract
A New Zealand-governed agreement for the sale and transfer of company shares, detailing terms, conditions, and obligations of all parties involved.
Download
Business Sale Offer And Acceptance Agreement
A New Zealand-governed agreement that sets out the terms and conditions for the offer and acceptance of a business sale transaction.
Download
Simple Consignment Agreement
A New Zealand-compliant agreement establishing terms for consignment sales arrangements, where goods are provided for sale while ownership remains with the supplier until sold.
Download
Direct Sales Agreement
New Zealand-governed agreement establishing terms between a supplier and direct seller for product sales and distribution.
Download
Binding Sale Agreement
A New Zealand law-governed agreement establishing legally binding terms for the sale and purchase of assets, goods, or property.
Download
Simple Sales Contract
A straightforward contract for the sale and purchase of goods under New Zealand law, outlining key terms of sale including pricing, delivery, and transfer of title.
Download
Sale Of Equipment Contract
A New Zealand-governed agreement for the sale and purchase of equipment, ensuring legal compliance and protection for both seller and buyer.
Download
Vehicle Sale Agreement
A New Zealand-compliant agreement documenting the terms and conditions for the sale and purchase of a motor vehicle between two parties.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)