Who should get a LIM Report? Anyone who is buying a house, flat, unit or apartment would be very advised to get a LIM report. The time to get a LIM report is before a buyer is unconditionally committed to a purchase. A satisfactory LIM report can be made a condition of the sale and purchase agreement for the property.
So why do you need a LIM report? It can tell you if previous alterations or construction works has been signed off by the council. It may show areas liable to flood or which may be prone to subsidence or erosion causing problems in the future.
How to order a LIM report. Or email us directly at and we will send out an application form to you. If you have any further queries about applying for a LIM report, call us on our freephone 0800 492 452 and ask to speak to the LIMs team.
LIM Online Application Form
- Select the property you are ordering a LIM for.
- Attach the Certificate of Title (CT) for the property to the application, if you have one.
- Ask Council to get a CT for you if you do not have one (fee applies)
- Request an urgent LIM (residential only - additional fee applies)
A building inspection report should include enough information for you to be aware of the property's condition and identify any significant problems. However, a standard building inspection report is generally a visual inspection only and may not identify major structural defects or other hidden problems.
Page Content. ?A property file provides documents not included in a LIM report, such as: building and resource consent documents. any correspondence with us about the property.
Copies of property information. Recently issued consents. Land information. Land Information Memorandum (
LIM)
You can order a copy by:
- Calling us on 04 570 6666.
- Sending us an email.
- Seeing our team at our offices.
The purchase of sensitive land by an overseas person (or an associate of an overseas person) requires consent under the OIA. Sensitive land is defined as: Non-urban land of five hectares or more. Any land that is part of the foreshore or seabed.
To order a copy of a title, you will need:
- the land record type (and the required record reference for that type);
- a specific reference for the land record (eg. its formal 'identifier' or 'legal description'); and.
- the land registration districts.
What to look for in a LIM Report
- What building consents have been issued for the property?
- Have all building consents been signed off and was a Code Compliance Certificate issued?
- Is there mention of a history of flooding or land contamination?
- Is there a wind or earthquake rating?
- Are there any warnings?
Unfortunately, there are a lot of them, including mortgage origination fees, title insurance, recording fees, surveys, notary fees — the list just goes on and on. Overall, the closing costs are usually 2 to 5 percent of the value of your house.
The Property File is the collected documents that the local council holds on a property. The local authority describes the Property File as including the “rating information, building and drainage plans, consent information, licensing details and more”.
5 Tips To Make Reading A LIM Report Easy
- Make sure the LIM is current. Sometimes vendors have old reports which you can refer to, but it's always prudent to order a current LIM, in case their have been any changes since the date of the last one.
- Read the summary.
- Digest the main section.
- Use your own knowledge.
- Consult your lawyer.
If you are looking to buy it's a good idea to get in touch with a local building inspector as soon as you start your property search. Ask friends and family for their recommendations and request a sample report from any inspector you contact to get an idea of the kind of information they provide.
It is sometimes referred to as a 'standard property report'. The building inspection report is a written account of the property's condition. It will include any significant building defects or problems such as rising damp, movement in the walls (cracking), safety hazards or a faulty roof.
