What Is A Life Interest On A Title?
A Life Interest is an interest on a title, whereby the listed Remainder Men will become the owner(s) of the property when the existing owner dies.
Co-Ownership (Joint Tenants And Tenants In Common)
Co-Ownership (Joint Tenants And Tenants In Common) is a way of jointly owning land as individuals. A Joint Tenancy is an undefined and undivided interest in land with rights of survivorship – so if one of the tenants dies, the Continue reading Co-Ownership (Joint Tenants And Tenants In Common)
What Is A Unitary Authority?
Wondering what a Unitary Authority is? A Unitary Authority is where the regional and local authority have joined.
What Are Statutory Land Charges?
Statutory Land Charges may be listed on a title where there are charges owed on the land, such as unpaid council rates.
What Are Notices Under The Building Act On A Title?
Some titles may have reference to Notices Under The Building Act. There are two types of Notices Under The building act: Additional restrictions on building on the land – which may include considerations such as liquefaction. The other notice pertains to Continue reading What Are Notices Under The Building Act On A Title?
What Is A Notice Of Claim On A Title?
A Notice of Claim is the same as a caveat (in other words, it’s a warning that there’s a third party interest in the land), however a Notice of Claim only relates to property relationship claims, such as a former spouse Continue reading What Is A Notice Of Claim On A Title?
What Is A Caveat On A Title?
A caveat on a title is a warning of a third party interest in land. A caveat may represent a registered or unregistered interest. An example of a registered interest might be a sale and purchase agreement that will eventuate Continue reading What Is A Caveat On A Title?
What Is A Company Share?
A Company Share is a form of property ownership in NZ. In a Company Share, people buy shares in the company, and the company owns the land (as listed on the title). The rights a shareholder may have, depend on the Continue reading What Is A Company Share?
What Section 27 Means On A Title
A Section 27 Maori Resumptive Memorial listed on a title means that the land may be subject to a land claim through a tribunal. If this happens, the owner doesn’t have the right to be heard in a claim, but Continue reading What Section 27 Means On A Title
Are Riparian Rights Listed On A Title?
While older titles may list riparian rights on a title, modern titles tend not to list riparian rights on titles as it’s considered Common Law.
