As per the reports, now the agreement forms for buying and selling real estate have been converted in simple English.
It was revealed by Real Estate Institute of New Zealand chief executive Christine Le Cren, that the forms have been simplified by a team of writing and legal specialists, who maintained the legal integrity.
She said that it took as many as 50 drafts before the task for finally accomplished to the satisfaction of everyone concerned.
Mrs. Le Cren said: "We believe the new forms for private treaty agreements, sale by auction agreements and sale by tender agreements not only read better, they are better laid out and designed to copy and fax and to prepare and produce online."
According to Head drafter Barry Gunson, a lawyer from Hamilton, "While every effort was made to make the forms easy to understand, the overriding consideration was to ensure they were legally sound and suitable for the current real estate environment."
Mr Gunson's drafting was reviewed by legal specialists in property law; and three big groups of real estate agents and salespeople were also formed in order to comment and give feedback on the drafting process.
The drafts were reviewed and commented on by New Zealand Law Society property law section Chairman Chris Moore and the executive members of the section.
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