Oh wise and benevolent PropertyTalkers...
I am investigating a property that has three dwellings on a single title. A bungalow, and a two-story building that has as far as I can tell always been two separate dwellings, rather than an afterthought conversion.
At present, the...
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Multiple Dwellings, One Title
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How do you buy a land that is not yet titled off someone?
Hi sorry if it is very unclear, I am just wondering how money changes hands when a land is not titled and vendor only has paid a deposit to the developer?
Say vendor bought land for $250k. Paid developer say 25k deposit, and 225k due upon title which is say in 6-12 months.
...
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Cross lease queries regarding renovation work
Hi there
I have a couple of cross lease queries relating to a property I'm interested in purchasing, renovating and selling in Auckland.
- The property has a deck and sleep out both added without the consent of the cross lease neighbors (a single storey rental property located
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Legal + finance question - transfer of title/property
Person A and B owns a property (new build less than 2 years).
person A agrees to transfer its share to person B, C and D.
person B C D would require a mortgage to pay person A.
Do person A and B go to the lawyer and write a gifting certificate, saying “I person...
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Title Interest
Hi All,
I am looking at the title and could not understand one of the interest:
Fencing Agreement in Transfer 423xxx(Affects fee simple)
Information only: Title is cross lease 1/2 share.
Thanks
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Questions on Cross Lease title.
Hi All,
I am very new in the property buying procedure and this is my first time.
Situation: I like one cross lease property, but the title plan is not matching the actual property. it looks like they have added a part in the house. To me the title is defective
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Clear Title Issue
Hi All,
I am considering bidding on a property at mortgagee auction however have found that there is this clause on the title: Subject to setion 27B state owned enterprises act 1986 (which provides for the resumption of land on the recommendation of the Waitangi Tribunal and which does not provide...
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What does "encumberance to Auckland Council" mean?
Hey guys,
Happy New Year to everyone! I went to a viewing last week and on the property's title, under "Interests" it states:
12345.1 Mortgage to ANZ Bank - date/time
23456.2 Encumberance to Auckland Council - date/time
34567.3 Mortgage Priority Instrument...
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No easements on property title
I'm new to property talk and I hope I'm posting on the right thread, but I hoped I could get your thoughts on my situation:
The property title to my house (I bought it two years ago) has no easements listed on it. I recently started some digging only to find I'd cut through my neighbour's...

