Story: Real estate

LIM report

LIM report

This sample land information memorandum (LIM) gives information about a property, including details about rates, water and drainage. It alerts a potential new buyer to issues; in this case the possibility of flooding, an encroachment, outstanding building consents and a heritage tree. These illustrate why it is advisable for buyers to obtain a LIM report before making an offer on a property.

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Wellington City Council

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How to cite this page:

Bob Hargreaves, 'Real estate - Buying', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/document/21360/lim-report (accessed 25 January 2022)

Story by Bob Hargreaves, published 11 Mar 2010