qv.co.nz

Website:https://www.qv.co.nz/
Upvotes received1
Downvotes received2
Karma:-2 (upvotes-downvotes)



0 earned Badges

No badges were found



Definitions (50)

1

1 Thumbs up   1 Thumbs down

capital value


This is the likely price a property would sell for at the time of the revaluation.  Capital Value includes Land Value and Value of Improvements but does not include chattels, stock, plant or machinery which may be included in the sale of properties.
Source: qv.co.nz (offline)

2

0 Thumbs up   0 Thumbs down

recently viewed


View All
Source: qv.co.nz (offline)

3

0 Thumbs up   0 Thumbs down

favourites


View All
Source: qv.co.nz (offline)

4

0 Thumbs up   0 Thumbs down

agreement date


The date when the buyer and seller agree to the terms and conditions of the sale, including price, by signing the Sale and Purchase Agreement.
Source: qv.co.nz (offline)

5

0 Thumbs up   0 Thumbs down

annual value


Annual Value is another value that councils can use as a basis for levying rates. Annual Value is a calculation involving rental values. It is the greater value of either the estimated gross annual rental less 20% (or 10% if there are no buildings on the land) or 5% of the property’s Capital Value.
Source: qv.co.nz (offline)

6

0 Thumbs up   0 Thumbs down

assessment number


This forms part of a property's Valuation Reference Number. The assessment number can be up to 11 digits in length.
Source: qv.co.nz (offline)

7

0 Thumbs up   0 Thumbs down

certificate of title number


Land titles in New Zealand are a matter of public record, and are kept by Land Titles Office of Land Information New Zealand (LINZ).  Not all properties have a Certificate of Title reference record available to display on our reports.  
Source: qv.co.nz (offline)

8

0 Thumbs up   0 Thumbs down

chattels


These are essentially the fixtures and fittings purchased with the property and include stove, fitted floor coverings, curtains and light fittings.
Source: qv.co.nz (offline)

9

0 Thumbs up   0 Thumbs down

comparable sales


These are the sales that are most comparable to the property searched on based on a number of criteria.
Source: qv.co.nz (offline)

10

0 Thumbs up   0 Thumbs down

covenants


These are certain restrictions on the property and the section, outlined on the Certificate of Title.  Covenants are often put on properties, especially in new subdivisions, to ensure that any structures built on the land are in line with the quality of the properties in the area, they may also be used to restrict certain activities.
Source: qv.co.nz (offline)


To view all 50 definitions, please sign in.