MLC title improvement english
This relieves the lessee of the area for the new house and frees the new block from the lease.
This relieves the lessee of the area for the new house and frees the new block from the lease.
However, if the document needs to be registered against the Land Information New Zealand (LINZ) title 13 to the land, then every trustee must sign it.
Documents/Guides-Templates-Factsheets/MLC-maori-reservations-english.pdf (389 kb)
Where appointments are made, there is a great need for trustee training programmes to be available to ensure that new trustees understand their roles and responsibilities.
This relieves the lessee of the area for the new house and frees the new block from the lease.
Documents/Guides-Templates-Factsheets/MOJ0217.5E-OCT21-Title-Improvement.pdf (357 kb)
The trustee becomes the legal owner when the order appointing him/her as trustee for the land is registered against the title.
Documents/Guides-Templates-Factsheets/MLC-2023-Glossary-of-terms.pdf (278 kb)
Conclusion Setting aside land for a new urupā is a significant undertaking for the beneficial owners of the land.
Trustees of pūtea trusts do not have the power to vote.
Trustees of pūtea trusts do not have the power to vote.
Documents/Guides-Templates-Factsheets/MLC-incorporations-english.pdf (856 kb)
Appointment and replacement of Trustees 3.2 Only the Court can appoint or replace Trustees. 3.3 If a new Trustee is to be appointed (including as a replacement for an existing Trustee), the Trustees must: (a) call a meeting of the Beneficiaries to discuss the appointment of a new Trustee; (b) conduct a vote at that meeting to determine whether the new Trustee should be appointed; and (c) in order to complete an...
Duties of a trustee The Trusts Act is the first significant overhaul of trust legislation in Aotearoa New Zealand in 70 years.
Documents/Guides-Templates-Factsheets/20210715-Trustees-Role-and-Duties.pdf (349 kb)