Package includes:

On Demand Module  l  Electronic booklet  l  PowerPoint Presentation

Package Fee (incl GST)

• $125 - NZLS members and Associate members
• $175 - Non-members

Note: Access to the online files is via your "My CPD" page. If you would like to purchase multiple packages, please contact us here.

On Demand Module

Unit Title ownership of property remains alive and well in New Zealand and will continue to be so. Following on from a session at the Auckland CPD Top-Up Day in February this year, this module will discuss the latest issues to be alert to.

This module will include:

• Body corporate “basics”
• What to be aware of when buying and selling a unit title property  
• Body corporate governance 
• Unit alterations  
• Short term rentals.

Learning objectives

After completing this module you will:

• Be able to understand and identify some key body corporate terms and concepts.
• Have a clear understanding of what to be looking for when acting for a purchaser of a unit title property.
• Have a better understanding of body corporate governance.
• Understand the complex nature of unit alterations and short-term rentals.

Electronic paper 

Author: Josh Muir
Published: 10 November 2020
Pages: 16

Introduction

Unit titles have long been a part of the New Zealand property ownership model, presently governed by the Unit Titles Act 2010 (the Act) and the Unit Titles Regulations 2011 (the Regulations), and previously under the Unit Titles Act 1972. This paper focusses on some of the key unit title concepts including:

•  Body corporate basics;
•  What to be aware of when purchasing a unit title property;
•  Body corporate governance;
•  Alterations – what needs permission from the body corporate, and what doesn’t; and
•  Short term rentals and body corporates.

PowerPoint Presentation

These are the slides included in the presentation.