Get the free Land Information Memorandum LIM Application Request Form

Land Information Memorandum (LIM) Application Request Form Return Completed Application to: PO Box 122 Climate 7960 Telephone 03 689 0000 Fax 03 689 8075 Email: Council Animated.govt.NZ Issued in

How to fill out land information memorandum lim

1. The first step in filling out a Land Information Memorandum (LIM) is to obtain the necessary forms from your local council or municipality. These forms can usually be downloaded from the council's website or obtained in person at their offices.
2. Once you have the forms, you will need to provide information about the property in question. This includes the address, legal description, and any other relevant details such as the property's size or zoning classification.
3. Next, you will need to provide information about any building or development on the property. This can include details about the type and size of any existing structures, as well as any proposed changes or additions.
4. The LIM form will also require information about any hazardous substances or contamination that may exist on the property. This can include details about any previous land use, known contamination issues, or nearby industrial activities that could pose a risk.
5. Additionally, you will need to provide information about any outstanding rates or charges on the property. This includes details about any unpaid rates, water charges, or other financial obligations that may exist.
6. Finally, you will need to sign and date the completed LIM form before submitting it to your local council or municipality. Make sure to review the form for accuracy and completeness before sending it in.

Who needs a Land Information Memorandum (LIM)?

1. Property buyers: Individuals or companies looking to purchase a property can benefit from obtaining a LIM. It provides valuable information about the property's history, zoning, potential hazards, and any outstanding charges.
2. Property sellers: When selling a property, providing a LIM can build trust and transparency, potentially attracting more potential buyers. It demonstrates that the seller has taken the necessary steps to obtain critical information about the property, giving buyers confidence in the purchase.
3. Real estate agents: Real estate agents often recommend obtaining a LIM to their clients as part of the due diligence process. It helps buyers make informed decisions and can assist agents in effectively marketing the property based on its attributes and potential limitations.
4. Developers and investors: Professionals involved in property development or investment rely on LIMs to assess the viability and potential risks of a project. It helps them make informed financial decisions and evaluate the property's future potential.
5. Local council or municipality: The council or municipality themselves require a LIM for their own records and to ensure compliance with regulations. It helps them effectively manage land use, zoning, and plan for future infrastructure development.

In summary, to fill out a Land Information Memorandum (LIM), you need to obtain the necessary forms, provide details about the property, its buildings, hazards, and outstanding charges, and then sign and submit the completed form. Various parties such as property buyers, sellers, real estate agents, developers, and the local council benefit from obtaining a LIM for different purposes.

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What is land information memorandum lim?

A land information memorandum (LIM) is a document prepared by the local council that provides essential information about a property.

Who is required to file land information memorandum lim?

Property owners or potential buyers may request a LIM from their local council.

How to fill out land information memorandum lim?

To obtain a LIM, property owners or buyers need to request one from their local council and pay the applicable fee.

What is the purpose of land information memorandum lim?

The purpose of a LIM is to provide important information about a property, such as zoning, building consents, compliance issues, and more.

What information must be reported on land information memorandum lim?

Information such as property zoning, building consents, resource consents, drainage plans, etc., must be included in a LIM.