Limited Titles

Background Some titles have the wording “Limited as to Parcels” appearing underneath the title heading. This does not mean that the title is defective. It does mean that the area and boundaries of the land are not guaranteed. It was not always a requirement that land had to be surveyed as part of the subdivision …

Background: Cross Lease and Fee Simple Titles

Cross leases were a popular form of “subdivision” going as far back as the late 1960’s. In the earlier cross leases there was often no distinction made between common areas and exclusive covenant areas. Drainage was generally combined and kerb discharge for stormwater was common practice. This cost effective form of service provision ensured the …

House costs to fall as Council fees slashed

First published on www.bayofplentlytimes.co.nz by John Cousins | Thursday, February 23, 2012 Development fees in Tauranga are to be slashed in a bid to get the city’s building industry out of the doldrums. Tauranga City Council’s building impact fee for a new home will drop by $5100 – a 40 per cent reduction on the current …

Consent Notices

When is a common boundary not a common boundary? This question has been raised recently in relation to a consent notice. If you subdivide or develop a property council may sometimes require a consent notice to be registered on the new certificates of Title. The document will specify a condition that council want owners of …

New Unit Titles Act

The new “Unit Titles Act 2010” has come into effect in June 2011 and this replaced the 1972 Act. The new Act has far wider and better governance structures for Bodies Corporate and further clarification of the definition of Unit boundaries. The Unit Titles Act governs building developments where multiple owners hold a type of …