Below is an advertisement of your client's (vendor's) apartment for sale: A fantastic apartment on offer with
Question:
Below is an advertisement of your client's (vendor's) apartment for sale: "A fantastic apartment on offer with extremely motivated vendors in the very prestigious, Viaduct Basin. A 2 bedroom, 2 bathroom leasehold apartment, nestled in a secluded corner of the Quay, right on the water's edge with a balcony. These apartments are designed with effortless flow, enhanced by floor-to-ceiling glass windows which let light stream in. In the midst of Auckland's best entertainment district. Part of a complex with numerous facilities, including a swimming pool and gym, and comes with two secure car parks. ......"
REQUIRED: Describe to a potential purchaser what type of 'tenure' (estate) this property is and what they would essentially be entitled to. What specific documentation accompanies this 'tenure'?