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UNIT TITLE & CROSS-LEASE |
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The intensification, redevelopment and multi-cultural changes of contemporary society continue to have a significant impact on land use. There are many potential benefits and many new challenges. Traditional expectations of space and behaviour are engaged and tested by this interface. We expect this field to continue to develop. Often that development will come via disputes leading to resetting expectations or benchmarking historic norms.
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The common law's 'house as castle' concept is seemingly under on-going readjustment of rights with valuation processes at the heart of recent legislation including the Unit Titles and Property Law Acts.
The Unit Titles Act 2010 and its regulations require valuation advice. Our experience includes high rise complex multi-use developments through to two-unit 1970's developments. We can provide the valuation documentation necessary for a wide range of unit title valuation requirements. We can discuss the information we need to review to provide advice in this context.
Cross-lease property has many complex issues which can often be resolved by utilising an independent valuer to quantify value differentials. This can relate to the reasonableness of withholding consent to alterations, or damages in the form of diminution of property values. Often, this advice may interplay with lease and covenant documents, independent legal opinion and the Property Law Act 2007 provisions.
Please contact us to gain the benefit of our expertise.
The Unit Titles Act 2010 and its regulations require valuation advice. Our experience includes high rise complex multi-use developments through to two-unit 1970's developments. We can provide the valuation documentation necessary for a wide range of unit title valuation requirements. We can discuss the information we need to review to provide advice in this context.
Cross-lease property has many complex issues which can often be resolved by utilising an independent valuer to quantify value differentials. This can relate to the reasonableness of withholding consent to alterations, or damages in the form of diminution of property values. Often, this advice may interplay with lease and covenant documents, independent legal opinion and the Property Law Act 2007 provisions.
Please contact us to gain the benefit of our expertise.
Phone: +64 9 482 0209 Email: [email protected]
