A mortgage or loan may be acquired by:
the sole owner of a Māori land block
all the owners of a Māori land block acting together
the trustees of a Māori land block who are empowered to raise finance against the block, or
a Māori Incorporation which holds Māori land.
Much like a partition, an amalgamated block is dependent on:
agreement or sufficient degree of support from the owners
the value of each land block and the shares (before amalgamation)
the value of the new land block (after amalgamation)
access arrangements to the new land block, and
new shareholding, based on the value of the pre-amalgamation shares, in the new land block.
• Ahu whenua trust
This is the most common Māori land trust. It’s designed
to promote the use and administration of the land in the
interest of the owners.
Comment Box
While the land and any other property vested in the trust is held and used for the benefit of the beneficial
owners, the beneficial owners are not the legal owners.
TAKE NOTICE that Philip Seymour has made application to the Māori Land Court at Te Waipounamu for a meeting of assembled owners seeking a partition of the Otonga 3 block.
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.
One title would represent the totality of the
shares currently held by the Seymour whanau (32.21252 shares) to be vested in (Phillip Douglas
Seymour, Pauline Ruth McKay, Selwyn Gerald Martin Seymour, Edward James Seymour, and
Caroline Ngawaiata Rowena Power) as to their respective shares, with the other title vested in
the remaining owners.
One title would represent the totality of the
shares currently held by the Seymour whanau (32.21252 shares) to be vested in (Phillip Douglas
Seymour, Pauline Ruth McKay, Selwyn Gerald Martin Seymour, Edward James Seymour, and
Caroline Ngawaiata Rowena Power) as to their respective shares, with the other title vested in
the remaining owners.
Me pēhea te tikiake i tētahi List of Current Owners Report
How to download a List of Current Owners Report
Read the List of Current Owners Report guide for help downloading the List of Current Owners Report in Pātaka Whenua.
