Banking Practice Note
Trust Order: A Court order setting out the terms under which trustees hold and manage land or other assets vested in them by the owners of the land or assets.
Trust Order: A Court order setting out the terms under which trustees hold and manage land or other assets vested in them by the owners of the land or assets.
LEGAL OWNER The owner of the legal title to land. When trustees are appointed, they become the legal owners of the land.
Documents/Guides-Templates-Factsheets/MLC-2023-Glossary-of-terms.pdf (278 kb)
Use this form when exchanging some or all of your interests in Māori Land by sale or gift with some or all of the Māori Land interests of a different owner in a different block of Māori Land.
In 2017, an application was made to the Māori Land Court to determine the status of the land, the ownership of the land and the relative interests of the owners.
Documents/Judges-corner-articles/Aorere-Accretion-determination-of-status-and-ownership-of-land.pdf (890 kb)
Use this form to apply to the Court for a partition of Māori Land or the combined partition of Māori and General Land to separate out owner’s shares into new land titles.
Documents/Forms/MLC-Form-39-Application-for-a-partition.pdf (302 kb)
Conclusion Setting aside land for a new urupā is a significant undertaking for the beneficial owners of the land.
Former land owners become shareholders in the Incorporation rather than owners in the land.
Documents/Guides-Templates-Factsheets/MLC-2017-03-03-RDS-Report.pdf (1.1 mb)
Definition of succession Māori land is owned by either one owner or several owners.
Documents/Guides-Templates-Factsheets/MOJ0217.7E-SEP21-Succession-Factsheet.pdf (355 kb)
Use this form to apply to the Court for an order vesting part or all of any Māori Land or General Land owned by Māori in an owner or a person entitled to succeed to an owner for the purpose of a house site or to confirm an existing house site (including a house that has already been built and is located on the land).
Currently, the land is effectively held in trust until the owners can receive the land.