In this order, the term trust land refers to the land owned by the trust, and the term trust property refers to any other assets of the trust. F. If the trustees acquire further land or other assets for the purposes of the trust, that land becomes trust land, and the other assets become trust property.
If one owner dies, the other joint tenant/s automatically succeeds to the interest that the deceased joint tenant held.
If one owner dies, the other joint tenant/s automatically succeeds to the interest that the deceased joint tenant held.
Documents/Guides-Templates-Factsheets/MLC-succession-english.pdf (1.2 mb)
FRAGMENTATION/FRAGMENTING Fragmentation occurs when a person’s shares in land are divided amongst other people.
Documents/Guides-Templates-Factsheets/MLC-2023-Glossary-of-terms.pdf (278 kb)
The MLC will determine who should succeed to the land based on law. The Court can decide that other people not included in the above list be given rights to income from the land or to occupy the family home.
Documents/Guides-Templates-Factsheets/MOJ0217.7E-SEP21-Succession-Factsheet.pdf (362 kb)
What do I need to do? Contact your trust about an occupation license or lease.
The deceased's land interests will then be vested in anyone who is entitled to acquire and/or succeed under that arrangement. If the deceased did not leave a will, under the Act, their land will transfer as follows: • If the deceased had children, they receive equal shares of the deceased’s land interests
How-do-I-user-guides/How-to-apply-for-succession.pdf (508 kb)
TRANSFERRING MĀORI LAND SHARES Te Kooti Whenua Māori – Māori Land Court For more information, go to maorilandcourt.govt.nz People entitled to receive Māori land shares or interests Māori land shares can only be sold or gifted to certain people who belong to a group defined in the Act as the preferred classes of alienees.
Documents/Guides-Templates-Factsheets/MOJ0217.3E-OCT21-Transferring-Maori-Land-Shares.pdf (78 kb)
Ngā hea Shares Shares are what an incorporation is divided into.
People entitled to receive Māori land shares or interests Māori land shares can only be sold or gifted to certain people who belong to a group defined in the Act as the preferred classes of alienees.
Uploads/MLC-transferring-maori-land-shares-english.pdf (333 kb)
