MLC succession english
If one owner dies, the other joint tenant/s automatically succeeds to the interest that the deceased joint tenant held.
Search results for "what is the process of succeeding to other peoples shares"
MLC 2023 Glossary of terms
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)
MOJ0217.7E SEP21 Succession Factsheet
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 (355 kb)
Factsheet Legislative changes supporting housing initiatives web version
What do I need to do? Contact your trust about an occupation license or lease.
Ngā kupu ture
Legal terms
Ngā hea Shares Shares are what an incorporation is divided into.
Tauatanga
Succession
Succession with no living descendants When a landowner passes away and they have no children or mokopuna, other members of their whānau will succeed to their whenua.
2021 03 12 Example Occupation Order
Subletting and Assignment The Occupier cannot sublet or assign their occupation rights to any other party. 10. Dispute Resolution (a) If any dispute arises out of these terms and conditions, the Landowner(s) or the Occupier may: (i) file an application to the Māori land Court for the dispute to be determined; or (ii) by agreement (in writing) adopt the Alternative Dispute Resolution process (ADR process) set out below: ADR Process 8 Step 1-...
Documents/Guides-Templates-Factsheets/2021-03-12-Example-Occupation-Order.pdf (150 kb)
SILNA
SILNA
What happens when the successors have been found?
MLC Form 01 APPLICATION TO DETERMINE SUCCESSORS FOR SOUTH ISLAND LANDLESS NATIVES SILNA LANDS TOITOI
This is separate from the Court’s own processes and is not to be confused with any hui or Court hearing lead by the Māori Land Court.
Discussion on Whānau Trusts
01 Feb 2013 | NewsFormer Judge Stephen Clark discusses Whānau Trusts – the benefits, the process in forming one, and his own personal experience.