A brief guide to Unit Titles
The advice in this article is general only, for specific advice please contact us. What are Unit Titles? Unit Titles (sometimes referred to as ‘stratum estate’ or ‘strata title’) are governed by the Unit Titles Act 2010, and essentially give title to part or parts of a building together with access to common property. Unit…
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A brief guide to Cross Leases
The advice in this article is necessarily of a general nature. If you are considering purchasing a cross lease or have an issue with your cross lease please contact us for specific legal advice. What is a Cross Lease Title? A cross lease title consists of an undivided share in the underlying fee simple (or…
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A brief guide to Winding up Trusts
The following comments relate generally to independent trustees in relation to discretionary trusts. They are intended as general comments only. Any person considering trusteeship, or any trust reviewing its trusteeship, should seek specific, tailored legal advice. WHAT IS WINDING UP A TRUST? Winding up a trust, sometimes referred to as bringing forward the Vesting Day,…
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A brief guide to Trustee Duties
The following comments relate generally to trustee duties in relation to discretionary trusts. They are intended as general comments only. Any person considering trusteeship should seek specific, tailored legal advice. WHAT IS A TRUSTEE? A trustee is a person who holds property on behalf of another or others (the beneficiaries). WHAT IS A TRUST? A…
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A brief guide to Independent Trustees
The following comments relate generally to independent trustees in relation to discretionary trusts. They are intended as general comments only. Any person considering trusteeship, or any trust reviewing its trusteeship, should seek specific, tailored legal advice. WHAT IS A TRUSTEE? A trustee is a person who holds property on behalf of another or others (the…
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A brief guide to Family Trusts
The following comments relate generally to discretionary family trusts. They are intended as general comments only. Any person considering setting up a Trust should seek specific, tailored legal advice. WHAT IS A TRUST? A Trust is a legal arrangement where the owner(s) of property (the Trustees) hold that property for the benefit of other people…
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