The Property Evaluation Form is a essential document used in New Zealand's property sector for conducting thorough assessments of real estate assets. This document type has been developed to align with New Zealand's property legislation, including the Property Law Act 2007, Real Estate Agents Act 2008, and Building Act 2004. The form serves as a comprehensive tool for property professionals to document building conditions, compliance status, and property characteristics in a standardized format. It is particularly valuable for property transactions, insurance assessments, rental property evaluations, and asset management purposes. The Property Evaluation Form includes sections for detailed property analysis, photographic evidence, and professional observations, ensuring thorough documentation that meets both legal requirements and industry standards.
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1. Property Identification: Basic details including address, legal description, title references, and property type
2. Evaluation Purpose: States the purpose of the evaluation (sale, rental, insurance, etc.) and intended use of the report
3. Property Description: General description including land area, building type, age, and basic construction details
4. Site Assessment: Evaluation of land characteristics, topography, access, and site improvements
5. Building Exterior: Assessment of roof, walls, windows, doors, and other external features
6. Building Interior: Evaluation of internal spaces, fixtures, fittings, and finish conditions
7. Services and Systems: Assessment of electrical, plumbing, heating, and other building services
8. Compliance Matters: Status of building consents, code compliance, and zoning requirements
9. Overall Condition Rating: Summary assessment and condition grading of the property
10. Limitations and Disclaimers: Scope limitations and professional disclaimers
1. Seismic Assessment: For properties in earthquake-prone areas or buildings requiring specific seismic evaluation
2. Unit Title Assessment: For apartments and units, including body corporate information
3. Rental Compliance: For rental properties, including Healthy Homes Standards compliance
4. Heritage Assessment: For heritage-listed properties or those in heritage zones
5. Environmental Hazards: For properties requiring specific environmental assessment (contamination, asbestos, etc.)
6. Development Potential: For properties with subdivision or development potential
7. Commercial Features: For properties with commercial elements or potential
8. Rural Specific Features: For rural properties, including land use and agricultural features
1. Appendix A - Photographs: Comprehensive photographic documentation of the property
2. Appendix B - Floor Plan: Detailed floor plans and measurement data
3. Appendix C - Title Documents: Copies of relevant title documents and encumbrances
4. Appendix D - Compliance Documents: Copies of building consents, code compliance certificates
5. Appendix E - Technical Reports: Any specialist reports (structural, geological, etc.)
6. Schedule 1 - Evaluation Criteria: Detailed criteria and standards used for the evaluation
7. Schedule 2 - Condition Ratings: Explanation of condition rating system and definitions
8. Schedule 3 - Property Maintenance Schedule: Recommended maintenance actions and timeframes
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Management
Construction
Banking and Finance
Insurance
Property Development
Property Investment
Facilities Management
Property Valuation
Building Inspection
Relevant Teams
Property Valuation
Real Estate Sales
Property Management
Building Inspection
Facilities Management
Risk Assessment
Due Diligence
Asset Management
Property Development
Insurance Assessment
Relevant Roles
Property Valuer
Real Estate Agent
Property Manager
Building Inspector
Facilities Manager
Property Developer
Insurance Assessor
Mortgage Broker
Property Investment Advisor
Asset Manager
Due Diligence Officer
Property Acquisition Manager
Risk Assessment Officer
Commercial Property Manager
Residential Property Manager
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