Find out if you need to provide a Vendor Information Form when selling to an overseas person.
What is a Vendor Information Form?
A Vendor Information Form is a form that must be completed by the vendor (seller) of some sensitive New Zealand assets. We use Vendor Information Forms to understand the proposed transaction, including what is being sold and why, who currently owns the asset, the current state of the asset, and how it is being used.
What information do I need to supply?
The information required depends on what you are selling. Here is a full list of the information required.
Which form do I need to complete?
- If you are selling non-residential sensitive land, you will need to complete the Vendor Information Form – Sensitive land
- If you are selling business assets, you will need to complete the Vendor Information Form – Significant business assets
When do I submit the form?
Complete and submit the relevant Vendor Information Form when the buyer applies for consent. Please liaise with the buyer or their solicitor on timing so we can match your Vendor Information Form with the buyer’s application for consent.