A Land Information Memorandum (LIM) is a summary report of the information held by the local council relating to a particular property (land only or house and land).
The information covers possible soil erosion, land slippage, flooding risk and possible hazardous substances on the land such as asbestos and insecticides from agriculture or orcharding.
Other information contained in a LIM report will include maps or plans of the private (relating to the building) and the public drainage stormwater and wastewater.
Zoning information describing what can be built and what land size minimums must accompany a building are now also included.
The LIM report will also detail building consents (if before 1992) and Code Compliance Certificates issued if after 1992. The rates and any outstanding rates will also be recorded.
If the council is aware of any illegal work done on the property, it will record council notices, orders and / or requisitions that have been issued to the current owner.
Other special conditions may also be recorded such as New Zealand Historic Places Trust listings, which can limit or prohibit any additions or changes to the property.
Any work that may affect the property such as planned road widening will also be detailed in the LIM report.
The cost of a LIM report varies from council to council but is usually around $250 - $350.
The time to provide the report is within 10 days but for an extra charge (about another $100 typically) an urgent LIM can be obtained within 2-3 days. I guess it’s a bit like Disneyland you can pay extra to go to the front of the que.
The building plans, drawings and building specifications detailing the type and quality of building materials is not present in a LIM report. The council do have this information on file if a building permit was obtained.
To obtain this information an interested party must order a copy of the Property File. There is a charge for this, it usually costs less than a LIM report.