What is the purpose of a LIM report?

When purchasing a property, obtaining a Land Information Memorandum (“LIM”) report from the relevant council is strongly recommended.

A LIM report provides all the documents that a council has on records for a property. Each LIM report contains different information, as some properties may be new builds, while others are just sections or older homes etc.

Some examples of what could be found in a LIM report are:

• soil reports;
• whether resource consent and certificate code of compliance (“CCC”) have been obtained and issued;
• if there are any building works in the area currently being completed or will be in the near future;
• when and how much your rates are;
• engineers report;
• if the property is located on or near a known archaeological site;
• if the property is in a flood zone or high wind zone; and/ or
• If the property is a known leaky home or has tested positive.