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New Zealand law explained for everyone

Land Transfer Act 2017

Dealings in estates and interests in land - Flat and office owning companies

124: Registration of licence to occupy

You could also call this:

"How to register a licence to use a piece of land or building"

Illustration for Land Transfer Act 2017

You can register a licence by adding it to the record of title for the land where the building is. The building must contain the flat or office that the licence is for. You do this under the rules in section 12. When you register a licence, it is treated like a lease. This means the rules in Subpart 2 apply to it. These rules are used with some changes to fit the licence.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6731298.

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Topics:
Housing and property > Land useHousing and property > Buying and selling homes
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"Getting a share certificate when you own a flat or office in a company"

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Part 3Dealings in estates and interests in land
Flat and office owning companies

124Registration of licence to occupy

  1. A licence may be registered by entering it on the record of title created under section 12 for the land of the company that issued the licence on which the building containing the flat or office to which the licence relates is situated.

  2. Subpart 2 applies with all necessary modifications to a licence entered on the record of title under this section as if it were a lease.

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