Crown offer background information

Residential Red Zone Offer Recovery Plan released

30 July 2015

The Residential Red Zone Offer Recovery Plan has now been approved and released.

Read the Residential Red Zone Offer Recovery Plan »

Read the media release for more information »

Information for property owners booklet [PDF 645KB] (This information is currently being reviewed in light of the Minister’s Recovery Plan announcement. Read more about the Recovery Plan » )

This booklet provides information for residential property owners who have accepted the Crown's offer to purchase their property, to assist them as they prepare to move. It includes:

  • information about the process
  • a moving out checklist
  • frequently asked questions
  • how to access information and assistance

Insured residential properties

  • Purchase offer supporting information [PDF 734KB] (This information is currently being reviewed in light of the Minister’s Recovery Plan announcement. Read more about the Recovery Plan » )
  • Purchase offer supporting information: South New Brighton and Southshore [PDF 730KB] (This information is currently being reviewed in light of the Minister’s Recovery Plan announcement. Read more about the Recovery Plan » )

Not for profit organisations

Dwellings under construction

Vacant land

Insured commercial/industrial properties

Uninsured commercial/industrial and residential properties

Insured residential leasehold properties – Waimakariri District

Glossary

Agreement for Sale and Purchase - the agreement that you and the Crown will sign to record the terms on which you have agreed to sell your property to the Crown.

CERA - Canterbury Earthquake Recovery Authority

Cross lease - where, on one land title, there are several flats/houses that are each owned by a different person and together all those different persons own the land that the flats/houses are on; and they each lease the land that their own flat/house is on from all the other owners.

Crown - The Government

EQC - Earthquake Commission

Insurer - the insurance company that your house is insured with.

Settlement date - the date under Option 1 and Option 2 on which: You or your tenants must be out of the property. The Crown will make the final payment to you for your property. The Crown will become the owner of your property.

Tenancies - where people have a right to occupy a property (whether exclusively or otherwise) and pay some form of rent.

Unit title - where a dwelling owned by an individual that is part of a community of individuals (known as a body corporate) where each individual owns a unit and the community together owns the common property.