What are the different types of Title Estates in New Zealand under the Torrens System?
1. Fee simple - This is the largest interest which can be held in land next to the Crown. In effect this type of ownership is not limited by time and continues indefinitely. It carries rights representative of absolute ownership of [...]
Title Estates
April 13th, 2010 · No Comments · Property Conveyancing News, Uncategorized
Tags:Absolute Ownership·Definitions·Family Situations·Gems·Leashold·Lessee·Lessor·Life Estates·Lifetime·Minerals·New Zealand·Period Of Time·Possession·Soil·System 1·Torrens System
Leasehold Estate
September 27th, 2009 · No Comments · Uncategorized
A lease interest is created when the Lessor grants to another party the Lessee a right of possession of land for a period of time. In effect the Lessess will pay the Lessor a fee for occupation. The terms will be written into a form of a Lease document. The Lease will contain the conditions [...]
Tags:Array·Crown Land·Grants·Homework Research·Lease Document·Length Of Time·Lessee·New Zealand·Occupation·Period Of Time·Possession·Premises·Professional Advice·Residential Leases
