Susan Dugdale from Thomson Reuters Interviews John Green on Unit Titles
Tenancy Services
Tenancy Services is a part of the Ministry of Business, Innovation and Employment.
The Unit Titles section of the website provides information on:
• The Unit Titles Act • Governance • Operational rules • Body corporate meetings • Maintenance • Financial management • Renting, leasing and buying a unit • Disputes
The Ministry’s aim is to help people avoid and resolve disputes without needing to apply to the Tenancy Tribunal. However, if you do the Tenancy Tribunal hears and resolves of the majority of unit titles disputes, up to a value of $50,000.
The District Court hears disputes relating to the application of insurance money up to $50,000 and other disputes of a value between $50,000 and $200,000
The High Court hears disputes relating to the title to land, disputes relating to the application of insurance money in excess of $50,000 and other disputes in excess of $200,000.
Help for bodies corporate and their advisors
The recently released 2nd Edition of the Unit Titles Manual is now available.
This edition, revised and expanded, includes a new chapter by John on dispute resolution.
To find out more, and to download a sample pdf, click the link – Unit Titles Manual 2nd Edition.
*This article first appeared on Thomson Reuters blog Online Insider.