Buying a property is likely the biggest financial decision you'll make. Our Pre-Purchase Property Package at $189.90 NZD promises comprehensive title investigation—but is it worth it? Let's break it down.
What's Included in the Package
The Pre-Purchase Package combines multiple essential title searches into one convenient order:
- Current Record of Title ($42.90) – Confirms legal ownership and any interests
- Guaranteed Search ($45.90) – Provides legal assurance for your transaction
- Historical Title Search ($42.90) – Reveals past ownership and any historical issues
- Instruments Documents ($39.90) – Shows covenants, easements, and other registrations
- Survey Plan ($49.90) – Displays boundary information and lot details
The True Cost Comparison
If you ordered these services separately, you'd pay:
$221.50 NZD for all five searches
$189.90 NZD with the package
Savings: $31.60 NZD
But the value goes beyond just price savings.
Why Each Component Matters
Current Record of Title
This confirms exactly who owns the property and what interests are registered. It reveals mortgages, leases, or other encumbrances that could affect your purchase.
Guaranteed Search
For conveyancing purposes, a guaranteed search provides legal assurance. If any issues arise from incomplete information, you're protected. This is essential for solicitor-approved purchases.
Historical Title Search
Past property owners and historical transactions can reveal important information. Previous owners may have had rights that still affect the land, or historical issues might indicate future problems.
Instruments Documents
Covenants, easements, and other registered instruments dictate what you can and cannot do with the property. A neighbour's right of way or building restrictions could significantly impact your plans.
Survey Plan
Boundary disputes are expensive to resolve. The survey plan confirms exactly where property lines lie, protecting you from costly legal battles.
Real-World Scenarios
Scenario 1: The Hidden Easement
You buy a property, then discover your neighbour has a legal right of way across your driveway. Without checking instruments, this could cost thousands in legal fees to resolve—or limit your property's value.
Scenario 2: The Undisclosed Covenant
You plan to build a second dwelling, only to discover a covenant restricting development. The Pre-Purchase Package would have revealed this before you committed.
Scenario 3: The Boundary Mystery
The survey plan reveals the neighbour's garage is actually 2 metres over the boundary. This knowledge gives you leverage in negotiations—or saves you from buying someone else's problem.
Is It Worth It?
For any serious property purchase, absolutely yes. Here's why:
- Peace of mind – Know exactly what you're buying
- Negotiation power – Issues discovered can justify price reductions
- Legal protection – Avoid costly disputes after settlement
- Time savings – One order, one payment, comprehensive results
- Cost efficiency – Save $31.60 compared to individual orders
The $189.90 investment could save you thousands in unexpected issues—and provide priceless peace of mind.
FAQ
When should I order the Pre-Purchase Package?
Order it as soon as you go under contract but before unconditional settlement. This gives you time to address any issues discovered.
What if the package reveals problems?
Issues discovered can be used to negotiate price reductions, request repairs, or include conditions in your sale and purchase agreement.
How long does the package take?
Most orders are completed within 2-4 hours during business days. You can also choose express processing for urgent situations.
Can I use this for investment properties?
Yes! The package is ideal for any property purchase, including investment properties. Due diligence is even more important when rental income is at stake.
