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Description

Package includes:

Online CPD Module  l  Electronic Booklet  l  PowerPoint Presentation

Package Fee (incl GST)

  • $149 - NZLS members and Associate members
  • $179 - 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.

Online CPD Module

Presentation time: 90 minutes
1.5
CPD HRS

Cross leases are a popular form of subdivision going back to the 1960s where the land and buildings are owned by the occupants as tenants in common and the flats leased. This type of ownership has the potential to lead to significant issues.

This module will take a practical approach in examining the factors that you need to consider when advising your clients whether it is viable to seek freehold title, and, if so, the steps to take in order to achieve this. It will also consider the situations when it may be more appropriate to convert a property to unit title. Case law will be examined, and company lease conversions will also be discussed. This module also looks at conversion issues for converting company lease schemes.

Topics covered will include:

  • Background to cross leases
  • Law Commission’s recommendations
  • Advantages of converting cross leases to freehold or unit title
  • The decision to convert
  • When freehold or unit title is the best option
  • Converting to freehold with agreement and with objecting neighbours
  • Converting to unit title
  • Converting company lease schemes.

Please contact us if you use a dial up internet connection.

Learning objectives

After completing this module you will:

  • Be better able to advise your clients on cross lease matters.
  • Have a greater understanding of how to convert cross leases to freehold and unit title.

Electronic Booklet 

Author: Joanna Pidgeon
Published: 24 February 2020
Pages: 50

Introduction

There is no introduction for this publication.

PowerPoint Presentation

These are the slides included in the presentation.

Questions?

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