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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).
The Real Estate Authority (REA), formerly the Real Estate Agents Authority (REAA), is the New Zealand Crown entity responsible for the regulation of the New Zealand real estate industry as well as the agents within it. [4]
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.
The PPSR also correlates information from the NEVDIS (National Exchange of Vehicle and Driver Information System) database [7] to provide write-off history and stolen vehicle data in the form of a PPSR certificate, which can be issued upon successful completion of a serial number (VIN) search.
The Ministry of Housing was established in 1991 by the Fourth National Government as a policy advice agency alongside Housing New Zealand Corporation, which managed the state housing portfolio. [1] The Ministry of Social Policy, later the Ministry of Social Development (MSD), gained a housing policy role in the late 1990s.
Land Information New Zealand (LINZ; Māori: Toitū Te Whenua) 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 ...
The land districts of New Zealand are the cadastral divisions of New Zealand, which are used on property titles. There are 12 districts, six in the North Island and six in the South Island. The land districts are distinct from the 16 local government regions. The current legislation for the land districts is the Land Transfer Act 1952. [1] [2] [3]
Bonus Bonds logo. Bonus Bonds was a New Zealand unit trust founded in 1970 with a reward scheme based on cash prizes. The New Zealand government launched Bonus Bonds under the Unit Trusts Act 1960 through the Post Office Savings Bank with the goal of encouraging New Zealanders to save money. It was the country's largest retail unit trust, with ...