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Cross Leases - key issues 2022

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PIDGEON Joanna-3 THOMSON Ben-353  
Joanna Pidgeon
Pidgeon Law,
Auckland
Ben Thomson
Pidgeon Law,
Auckland
 

Authors:  Joanna Pidgeon, Ben Thomson
Published: 28 February 2022
Pages: 29

Introduction


Cross leases are a popular form of subdivision going back to the 1960s, where land and buildings are owned jointly by the occupants as tenants in common and the flats leased. This type of ownership has the potential to lead to significant issues. This publication will take a practical approach in considering how you can help your clients avoid and/or manage these issues at the front end of the process, when buying and selling; tips in relation to obtaining consent; and the steps that you can take if problems do subsequently emerge.

 

Content outline

  • Cross leases
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