All You Need to Know About LIMs!

Dec 15, 2024

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LIM Reports

Whether you’re buying or selling a house, you’re going to find out what a LIM (Land Information Memorandum Report) is…yawn…and read at-least one…if not many. We can sense your eyes shutting so here’s the formula to know what to look for and to get across it quickly for the ‘usual suspect’ issues.

TOP 5 Things to look for:

Now this is a quick ‘hit list’. Should you skim the whole LIM through? Yes! But start here for a quick assessment of likely main issues.

1. Is the Property Compliant/Consented?

Flip to the back of the LIM to ‘Permits and Consent Information’. You’ll find a table of permits and consents with dates. These should account for an initial dwelling, and any major structural changes since. Completed consents require issuing of a Code Compliance Certificate, from January 1993. Make sure it’s there if applicable and that there’s no outstanding or incomplete consents noted.

2. Any Weathertightness Issues Recorded?

The front of the LIM has some standard sections. First look at the heading ‘Weathertightness’ – note this will only record anything the council is formally aware of and does not mean there are no weathertightness issues. Make sure you have a building inspection for any property you are offering on.

3. Is it Encroaching or being Encroached upon?

Check out the ‘Aerial Photo’, which shows legal boundaries accurate to +/- 1 metre. Is any part of the property you’ve visited going over it’s own legal boundary? This could be a structure, or it could a bit of section which the property doesn’t legally own. Or are any neighbouring properties encroaching over onto the property in question?

4. Any Drainage Issues?

Go to the heading ‘Drainage’ – this notes any previous council calls or calls-outs for drainage issues and will list these with descriptions and dates (if any).

5. What’s the Access?

Having looked at the Aerial photo, go to the heading ‘Access’. Is the driveway coming off a public road or a private road? Are there any extra obligations (READ future costs) on the property owner?

Hope that helps to keep it simple. We share this to make your selling or buying easier and quicker. Sing out if you need advice or run into anything weird or out of the box. 15 years in and over 400 sales, we’ve pretty much seen and overcome it all by now!