×

Registrant Details

Use this window to add all the registrants you wish to register on behalf of. If you want to attend the course also, ensure you add yourself as one of the registrants. Make sure you press "Save" after adding each new registrant.

Registrant 1
First name
Last Name
Email Address
Username ( if known )
NZLS Member or Associate Member?
1x Registrant
Proceed to Checkout

Package includes:

On Demand Module  l  Electronic booklet  l  PowerPoint Presentation

Package Fee (incl GST)

  • $185 - Law Society members and Associate members
  • $240 - 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

Presentation time: 120 minutes
2
CPD HRS

Documentation of cross lease titles and issues with them can be complex and quite problematic. This module will help ensure you can provide your clients with effective advice in this area.

Topics covered will include:

  • An overview of cross lease titles and the defective issues which may arise within the title documentation
  • Pitfalls to avoid when drafting cross lease documentation
  • Guidance on defective leases and how to go about fixing issues
  • Analysis of the added property value of converting cross lease to freehold title
  • Consent issues relating to alterations and redevelopment maintenance, insurance, and other decision matters arising from co-ownership of cross lease properties.

Learning objectives

By completing this module you will obtain:

  • Better understand cross lease titles and defective issues that may arise in them.
  • Gain real-world tips for reviewing cross lease titles.

Electronic paper 

Authors: Joanna Pidgeon, Ben Thomson
Published: 28 August 2024
Pages: 45

Introduction

There were 215,958 cross lease titles in New Zealand, of which 100,148 (47%) were in Auckland. Cross lease titles accounted for 18% of all titles in Auckland, the second most popular title type after freehold. … (In Auckland) the largest number of cross lease titles are found in the Mixed Housing Suburban zone (48,359), followed by the Mixed Housing Urban zone (27,010). There are 39,636 cross lease schemes, and they range in size from two to 65 titles, with an average of 2.5 titles per cross lease scheme. Nearly a quarter (23%) of dwellings on cross lease titles were built in the 1950s or 1960s and a further 23% built in the 1970s.

These statistics give context to the issues affecting cross lease properties. Many cross lease properties are older or of varying ages, where owners will look to modernise and extend and are also situated in areas which allow for more intensive development. There are maintenance issues, as well as what to do when buildings reach the end of useful life. More intensively developed neighbourhoods intensify parking issues within complexes when people park on common property. A general lack of understanding of cross lease titles by owners sets the scene for ongoing issues and disputes which need to be resolved by lawyers when they cannot resolve matters themselves. (Continued...)
 

PowerPoint Presentation

These are the slides included in the presentation.

PIDGEON Joanna THOMSON Ben  
Joanna Pidgeon
Pidgeon Judd
Auckland		 Ben Thomson
Pidgeon Judd
Auckland		  

Questions?

In order to assist us in reducing spam, please type the characters you see:

You might also be interested in ...