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Interests,
in these cases, are often unequal. If one
person dies, the other tenants in common
have no automatic rights of succession to the
interest that the deceased owner had.
Interests
in these cases are often unequal. If one person dies, the other tenants in common
have no automatic rights of succession to the interest that the deceased owner had.
• In the unlikely event that noone is
entitled to succeed, the Court can
determine who should succeed and,
if necessary, create a trust for the
deceased’s interests.
• In the unlikely event that noone is
entitled to succeed, the Court can
determine who should succeed and,
if necessary, create a trust for the
deceased’s interests.
NUMBER AND TERMS OF TRUSTEES
16.1 The Trust must at all times have no less than [__] Trustees and no more than [__]
Trustees.
16.2 A Trustee who wishes to retire continues to hold office until replaced or removed by order
of the Court.
Land that can be included in a
Māori incorporation
A Māori incorporation can include one or
more blocks of Māori freehold land, so long
as at least one of the blocks has more than
two owners.
Land that can be included in a
Māori incorporation
A Māori incorporation can include one or
more blocks of Māori freehold land, so long
as at least one of the blocks has more than
two owners.
LAND THAT CAN BE INCLUDED IN A MĀORI
INCORPORATION
A Māori incorporation can include one or more blocks of
Māori freehold land, as long as at least one of the blocks has
more than two owners.
Proceedings on foot or not As noted above, one of the benefits of the proposed mediation process is that mediation is not only available where there are proceedings on foot, but also where there are no formal proceedings or applications before the Court.
Proceedings on foot or not
As noted above, one of the benefits of the proposed mediation process is that mediation is
not only available where there are proceedings on foot, but also where there are no formal
proceedings or applications before the Court.