Insider knowledge: Christine Cechova looks at three consistent themes which seem to make the cross-lease conversions we have completed easier.
Articles specific to cross-lease properties.
Two recent court decisions considered something that looked like a subdivision and asked whether it really was. Both involved common ownership and exclusive use areas.
Zak Nasir analyses recently released Environment Court decision: Mckay  NZEnvC 180. Is the conversion of a cross lease to fee simple a subdivision?
Don’t assume converting your cross-lease title will be a complicated and expensive task. With the right people engaged to carry out the work, you can save a lot of time, money and unnecessary administration.
Debra Dorrington went along to the Environment Court to listen to a case that will impact significantly on people who own cross lease properties.
Fee simple Fee simple ownership is true exclusive ownership and possession of the land and buildings on it. It’s ownership of what is below and above the ground (as is reasonable). Yes, others do get a say – for example the neighbours might have a say over fences; Council in terms of compliance with the District Plan…