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Contracts
are usually written, but a spoken agreement
can also be a contract.
6 The minimum number of members that must
be present at a meeting to make proceedings
valid.
7 A change of ownership of land gives the
recipient of that interest the ownership and
its associated rights (land may be vested in a
trustee, or shares may be vested in another
person).
5
8 Section 4 of the Act lists the preferred
classes of alienees in relation to any
alienation.
Contracts
are usually written, but a spoken agreement
can also be a contract.
6 The minimum number of members that must
be present at a meeting to make proceedings
valid.
7 A change of ownership of land gives the
recipient of that interest the ownership and
its associated rights (land may be vested in a
trustee, or shares may be vested in another
person).
5
8 Section 4 of the Act lists the preferred
classes of alienees in relation to any
alienation.
The minimum number of members who must be present at a meeting to make
proceedings valid.
10. A change of ownership of land gives the recipient of that interest the ownership
and its associated rights.
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.
Traditional whenua boundaries of hapū and whānau were changed and not all members were granted ownership. Individual land ownership made it easier for settlers to buy and sell land.
The lease or occupation license does
not grant a title of ownership; this remains with the trust.
Previously, leases and occupation licenses could only be
issued up to 14 years, a timeframe that made it difficult to
get finance to build on Māori reservation land.