The Auckland Council Category 3 Voluntary Buy-Out Scheme offers a lifeline to homeowners whose properties have been severely impacted by natural hazards. Navigating this complex process requires expert legal knowledge, and that’s where we step in. Our firm specialises in providing comprehensive legal support for homeowners participating in the buy-out scheme. We understand the emotional and financial strain this situation can cause, and we’re here to guide you through every step with compassion and expertise.
How the Buy-Out Scheme Works:
Eligibility: The scheme is open to owners of Category 3 properties, meaning those that have experienced severe damage or are at high risk of future damage from natural hazards like flooding, landslides, or erosion. (Check from here if your property is in Category 3 properties)
Voluntary Participation: The scheme is entirely voluntary. Homeowners can choose whether or not to participate based on their individual circumstances and preferences.
Valuation and Offer: The Council will conduct a valuation of your property based on its pre-damage market value. You will then receive a buy-out offer based on this valuation.
Legal Process: Accepting the offer triggers a legal process involving property transfer, settlement of any outstanding mortgages, and payment of the buy-out sum.
Our Specialized Services:
Eligibility Assessment: We’ll help you determine if your property qualifies for the scheme and guide you through the application process.
Offer Review and Negotiation: We’ll carefully review the Council’s offer, advise you on its fairness, and negotiate on your behalf if necessary.
Legal Documentation and Settlement: We’ll handle all legal documentation, ensure a smooth settlement process, and protect your interests at every stage.
Special Fee Structure:
We understand the financial challenges associated with property buy-outs. That’s why we offer a special fee structure designed to make our services accessible and affordable for homeowners participating in the scheme.
Contact Us Today:
If you’re considering the Auckland Council Category 3 Voluntary Buy-Out Scheme, don’t navigate this complex process alone. Our experienced team is ready to provide expert legal guidance and support. Contact us today for a confidential consultation and let us help you make informed decisions about your property’s future.