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Toitū Te Whenua Land Information New Zealand (LINZ) is the public service department of New Zealand charged with geographical information and surveying functions as well as handling land titles, and managing Crown land and property. The minister responsible is the Minister for Land Information, and was formerly the Minister of Survey and Land ...
They are particularly common in relation to rented accommodation, where they may also be referred to as a tenancy deposit, bond deposit, [1] or bond. The owner of the item (the landlord in the case of accommodation) will take a sum of money from the person(s) renting the item (the tenant).
In 1986, The Residential Tenancies Act was passed and The Ministry of Housing was formed. This entity was responsible for government housing policy, managing the State Housing Appeals Authority, holding and managing Tenancy bond monies, providing tenancy advice (Tenancy Services), delivering mediations and administration of The Tenancy Tribunal.
Bearer shares are transferred by simply delivering the certificate to a new holder. When the bearer shares are sold, it is not required to make any transfer inscriptions on the share certificate: The share is transferred by the physical transfer of the certificate from the seller (the bearer of the share certificate) to the buyer.
The Land Transfer Act 1952 is an Act of Parliament passed in New Zealand in 1952. It implements the Torrens title system of land registration . [ 1 ] Much of it is based on the Land Transfer Act 1885 .
Allodial title is a system in which real property is owned absolutely free and clear of any superior landlord or sovereign. True allodial title is rare, with most property ownership in the common law world (Australia, Canada, Ireland, New Zealand, United Kingdom, United States) being in fee simple.
The New Zealand Government reviewed whether all forms of property management need any legislation. [24] Following completion of the review, the Associate Minister of Justice, Hon Nathan Guy, announced on 2 July 2009 that no new occupational regulation would be imposed on property managers [ 25 ] in part due to there already being existing laws ...
A chain of title is the sequence of historical transfers of title to a property. It is a valuable tool to identify and document past owners of a property and serves as a property's historical ownership timeline.
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