• In the unlikely event that no one is entitled to succeed, the Court can determine who should succeed and, if necessary, create a trust for the deceased’s interests. These provisions also apply to an occupation order as if it were a beneficial interest in Māori land, provided that the person owns a beneficial interest in the land to which the occupation order applies and the Court is satisfied that the person should succeed to the occupation order...
• In the unlikely event that no one is entitled to succeed, the Court can determine who should succeed and, if necessary, create a trust for the deceased’s interests. These provisions also apply to an occupation order as if it were a beneficial interest in Māori land, provided that the person owns a beneficial interest in the land to which the occupation order applies and the Court is satisfied that the person should succeed to the occupation order...
Documents/Guides-Templates-Factsheets/MLC-succession-english.pdf (1.2 mb)
The trustees’ prior written consent is not needed for tangihanga. 11 The authority given by an owner of an interest in land to another person to vote on their behalf. 12 The minimum number of members that must be present at a meeting to make proceedings valid. 13 The legal ownership of property and the legal evidence of a person’s ownership rights. 14 A set of principles that form the constitution of an organisation. 15 The owner of a beneficial interest in land...
Documents/Guides-Templates-Factsheets/MLC-maori-reservations-english.pdf (389 kb)
Māori incorporations must maintain an interests register to record for each member of the management committee the details of their interest in the Māori land incorporated and their dealings in the interest.
Documents/Guides-Templates-Factsheets/MOJ0217.8E-SEP21-Maori-Incorporations-Factsheet.pdf (370 kb)
An incorporation must maintain a register of interests for committee members setting out: the details of any beneficial interests held by each member any dealings in the beneficial interest by each member, and any declarations made by members of the committee.
People, who as co-owners, own land together but in separate interests. Interests in these cases are often unequal.
Documents/Guides-Templates-Factsheets/MOJ0217.5E-OCT21-Title-Improvement.pdf (357 kb)
When the life tenant dies, their right to life interest finishes. Many life interests state that the life interest will terminate if the life tenant remarries.
Documents/Guides-Templates-Factsheets/MLC-incorporations-english.pdf (856 kb)
When the life tenant dies, their right to life interest finishes. Many life interests state that the life interest will terminate if the life tenant remarries.
• Avoid conflict of interest A trustee must avoid a conflict with the interests of the beneficiaries
Documents/Guides-Templates-Factsheets/20210715-Trustees-Role-and-Duties.pdf (349 kb)
The shareholders’ former interest in a particular block is converted to an interest of equivalent total value in the aggregation.
