Banking Practice Note
Approved by at least half of the owners or the persons who hold at least 50% of the shares in the land; and ii. Approved by a judge.
Approved by at least half of the owners or the persons who hold at least 50% of the shares in the land; and ii. Approved by a judge.
Succession is the legal transfer of land interests or shares from a person who has passed away (the deceased) to their descendants.
1māorilandcourt.govt.nz Pātaka Whenua Step-By-Step Guides Download a Block Transfer Shares Report Date produced: 25 July 2024 Last modified: 25 July 2024 This guide covers the steps to download a Block Transfer Shares Report on Pātaka Whenua as a registered user.
How-do-I-user-guides/Download-a-Block-Transfer-Shares-Report-v1-4.pdf (2.5 mb)
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.
Trusts can be 'interest based' or 'land based'. Interest based trusts hold interests (or shares in Māori land blocks, while ‘land based’ trusts may manage a Māori land block or blocks on behalf of landowners.
Step 3- Determination by the Māori Land Court (h) If mediation does not resolve the dispute, or the mediation is not completed within the stated timeframe for Step 2, then the parties may file relevant applications with the Māori Land Court.
Documents/Guides-Templates-Factsheets/2021-03-12-Example-Occupation-Order.pdf (150 kb)
If an owner of Māori freehold land in multiple ownership has paid more than their share of water services changes, they can apply to the Māori Land Court for a “charging order” to recover the excess amount paid.
http:// ird.govt.nz/maori/land-trusts http:// ird.govt.nz/maori/land-trusts Contact the Māori Land Court The DX number is the postal address.
Documents/Guides-Templates-Factsheets/20210715-Trustees-Role-and-Duties.pdf (349 kb)
In accordance with tikanga Māori there is no distinction to be drawn between whenua (land) that is dry and land that is covered by the sea.
Documents/Judges-corner-articles/JWI-ACPECT-Presentation-2022.pdf (540 kb)