Changes coming for Unit Title property

Townhouse and apartment living has become more prevalent in New Zealand in recent years, particularly in the larger cities of Auckland and Wellington, with multi-unit developments comprising 40 per cent of new builds in 2016. Growth in this area has put the existing legislation, which governs the ownership and management of Unit Titles, to the test. The outcome of this has been growing discontent with some aspects of the existing legislation. The rules relating to Unit Titles are now under review and look likely to change in the near future. The owner of a Unit Title owns part of a
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Pre-nup Agreements

Starting a new relationship positively while still protecting your own assets Prior to the commencement of a new relationship, parties may have obtained significant assets or monetary funds which they would like to be recognised as their own. This does not mean preparing for a divorce and instead can be an exercise of trust. Contracting-out agreements do not leave one party with nothing and are instead a tool to make things fair. Entering into a contracting-out agreement is a way of recognising a new relationship with the intent of making that relationship work. Motivation for signing a contracting-out agreement need
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