Terms of Engagement
First Property Legal is a division of Gawith Burridge, Solicitors of Masterton
This information is required to be provided as from 1 August 2008 as per the Lawyers & Conveyancers Act 2006 and Rules of Conduct and Client Care.
- Sets out the standard terms on which we do work for our clients;
- Explains what you can expect from us and what you agree to when we work for you;
- Includes information that we are required to tell you under the New Zealand Law Society’s Rules of Conduct and Client Care for Lawyers; and
- Applies to any current work and to any future work we do for you (unless we agree in writing to change these terms).
Note: before your first meeting with us, you need to read about identification and address verification.
Disbursements & Fees
- Disbursements and fees included in standard residential conveyance transactions include forms and stationery charges, toll calls, faxes, emails, one title search, one guaranteed title search, one bank cheque fee or electronic funds transfer fee, LINZ registration.
- Disbursements not included in a standard residential conveyance transaction include, but are not limited to: LIM fee, cost of builders report or other structural reports, valuation fees, courier fees, rates, or body corporate fees. We also charge a commission on funds held on deposit through our trust account (5% of interest received is deducted to cover handling and administration costs).
- Matters will be billed at the time of settlement or on completion of the work and the fee is payable on Settlement day. If you anticipate difficulty in the payment of an account then we ask you discuss this with us immediately, upon receipt of these terms of engagement.
- We may be able to help you by having payments spread over the time from commencement to completion of the transaction. However, we expect that full payment of your account is to be finalised by Settlement day.
- By instructing First Property Legal you accept liability to pay the account that the firm will render for work done together with all disbursements incurred in respect of such instructions and you authorise us to deduct our fees, expenses and disbursements from any funds held in our trust account on your behalf where we have provided an invoice.
- If any account is not paid by the due date we reserve the right to charge interest on the outstanding balance at the rate of 4% above our ANZ Bank commercial overdraft rate per annum from the date upon which payment was due and you will be responsible for any reasonable debt collection costs that we incur in recovering outstanding amounts due to us.
- If your account remains outstanding after 10 days, no further work will be undertaken by any lawyer in the firm until appropriate arrangements are made to bring the account back into good standing.
- For property and financing transactions where you are required to pay funds to another party, you must deposit the correct amount of cleared funds into our trust account no later than the morning of the settlement. Failure to do so could result in settlement being delayed and you incurring penalty interest.
Verifying your Identity
- We are required by law to verify your identity (customer due diligence).
- You authorise us to collect information about you (including customer due diligence information), to obtain, exchange, hold and use such information, and to make other enquiries we think appropriate to:
- Confirm information provided to us about you is true;
- Undertake initial and ongoing customer due diligence and monitoring in accordance with the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT Act); and
- Comply with any other legal obligations we may have.
- You authorise any person or entity to disclose information to us in response to these enquiries.
- You accept that we may use third party service providers, such as customer due diligence service providers (including electronic based services) to verify your identity and conduct other customer due diligence or monitoring required under the AML/CFT Act and that when we use such services:
- The third party service provider will exchange information about you for that purpose and the third party may hold information on its system and use it to provide their customer due diligence service to their other customers;
- We may use the third party services in the future for any authorised purpose (including in relation to ongoing customer due diligence). This may include using the third party’s monitoring services to receive updates if information about you changes.
First Property Legal is committed to protecting your privacy. This privacy statement outlines how we collect, store, use and share your personal information.
- What information do we collect?
We may collect personal information about you, either directly from you or from other parties and we may generate information about you when we carry out our business.
The types of personal information we collect about you may include your:
- Contact information: your name, phone number, email address, postal address, physical address, tax number
- Documents that verify your identity and other personal details: such as your passport or drivers’ licence number
- Billing or purchase information: such as account information including credit card numbers
- Technical information: information about the device used to access our website and our social media sites, such as IP address, browser type, time zone settings and mobile network information.
- What do we do with it?
We collect and use your personal information to provide the information and services that you request from us, and to provide you with information about other services we consider appropriate.
When necessary, we may use your information to:
- Comply with our legal and regulatory obligations (Including meeting the obligations, if any, of the Anti-money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT), the Foreign Account Tax Compliance Act (FATCA), the Automatic Exchange of Information and the Common Reporting Standard (AEOI and CRS), managing the Tax Statement with Landonline on your behalf, complying with the requirements to complete a statutory declaration with respect to the 2015 bright-line regime and obtaining any Residential Land Statement that may be required from you in terms of the Overseas Investment Act 2005).
- Defend or enforce our rights – For example, to collect money owed to us.
- Where do we store it?
We use in house servers to store and process the information we collect, which are backed up by a hybrid Datto data protection system. We keep our deeds and files safe on site. We also ensure our database storage systems are subject to appropriate security and information handling arrangements and that the information stored or processed by any security provider remains subject to confidentiality obligations.
- What are my rights?
You do not have to provide information to us. If you choose not to provide necessary personal information when requested, we may not be able to provide certain services to you.
You have the right to ask for a copy of any personal information we hold about you, and to ask for it to be corrected if you think it is wrong. Please visit the website of the Privacy Commissioner for a comprehensive summary of your rights under law. If you have any questions about this privacy statement or you’d like to ask for a copy of the information we hold on you, or to have it corrected, please contact us on 64 6 370 2563 or via email at firstname.lastname@example.org
We will usually communicate with you by email about the work we do for you. If you do not want us to send you correspondence by email, please let us know.
- We have virus protection software and security protocols in place. However, we cannot guarantee that electronic communications will always be free from viruses or other defects, are secure, or will be received.
- We may occasionally email you information we think is relevant and useful to you. If you do not want to receive that information, let us know.
- You authorise us (without further reference to you) to destroy (or delete, in the case of electronic documents) all files and documents relating to an instruction (other than documents that we have agreed to hold in safe custody for you) seven years after our engagement ends, or earlier if we have converted those files and documents to an electronic format. We may retain files and documents for longer at our option. Upon closing your file, you are welcome to uplift copies of the information on your file to which you are entitled. We may charge you our reasonable costs for providing you with such information. Please give us reasonable notice before collecting your file copies.
- Unless we agree otherwise, we retain ownership of all opinions, documents and other intellectual property created by us and you must not provide our advice to others (such as using our opinions in any public document or statement).
Scope of Work
- We are not qualified to give the following advice:
- Investment advice;
- Tax advice;
- Insurance advice; and
- Advice about foreign laws.
- Unless we agree to do so in writing, we will not:
- Remind you about dates (such as PPSR renewal, Lease or Consent expiry dates); or
- Update our advice after we have given it.
Ending our Engagement
- You have the right to terminate our engagement at any time by giving us reasonable written notice.
- We may terminate our engagement if there is good cause, such as you not providing us with instructions in a sufficiently timely manner or your unwillingness, inability or failure to pay our fee on an agreed basis, or, except in litigation matters, your adopting, against our advice, a course of action which we believe is highly imprudent and which may be inconsistent with our fundamental obligations as lawyers. If we terminate the retainer, we will give you reasonable notice so that you can arrange alternative representation and we will give you reasonable assistance to find another lawyer.
- If our engagement is terminated, you must pay us all fees due up to the date of termination and all expenses incurred up to that date.
The Lawyers’ Fidelity Fund (the Fund)
- The Fund exists to provide compensation of up to $100,000.00 per claimant for clients who suffer theft of money or other valuable property entrusted to lawyers.
- The Fund will not pay compensation in respect of money that you instruct us to invest on your behalf (subject to limited exceptions set out in the Lawyers and Conveyancers Act 2006).
- This is only a short summary of the major provisions in the Lawyers and Conveyancers Act 2006 relating to the Fund. If you would like further information, please ask us.
Professional Indemnity Insurance
- We hold current professional indemnity insurance which exceeds the New Zealand Law Society’s minimum standards.
If you have a Complaint
- We are committed to providing you with competent, timely service. If you have a complaint about our service please raise it with the partner responsible for your matter, or any other partner in our firm.
- If your complaint cannot be resolved immediately to your satisfaction, we will appoint a partner who has not been involved in your matter to deal with it promptly and fairly.
- If you are not satisfied with the outcome, you have the right to take the matter up with the New Zealand Law Society which runs a complaints service. The New Zealand Law Society may be contacted on 0800 261 801.
Enforceability of these Terms
- The enforceability of these terms is not affected by:
- The end of our engagement; or
- Any changes to our partnership or the incorporation of our firm.
- If you decide that you do not want our firm to act on your behalf, please inform us immediately. You do not need to sign these Terms of Engagement in order to accept them – you accept these Terms of Engagement by continuing to instruct us.