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Unit Title

Unit title subdivisions allow for the creation of individual property units in commercial, industrial, or residential developments.

What is a Unit Title?

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A Unit Title in New Zealand refers to a form of property ownership where individuals own a defined part of a building, such as an apartment or townhouse, and share ownership of common areas like driveways, gardens, or lobbies. Managed under the Unit Titles Act.

Commercial, Industrial & Residential Unit Title Subdivisions

Unit title subdivisions allow for the creation of individual property units in commercial, industrial, or residential developments. Each unit owner holds a title to their specific property while sharing ownership of common areas like driveways or shared facilities. Unit title subdivisions are ideal for maximizing the use of land in high-density areas. Whether you’re developing offices, factories, or apartments, unit title subdivisions provide flexibility and clear legal boundaries for owners.

Layered Unit Title Subdivisions for Multi-Use Developments

Layered unit title subdivisions are perfect for multi-use developments, such as combining commercial, retail, and residential spaces in one complex. This structure allows different levels of ownership within the same development, giving each layer—whether residential, office, or retail—its own title while sharing common areas. Layered unit titles simplify the management of complex developments, ensuring each section operates independently yet harmoniously within the larger structure.

Freehold Unit Title Conversions

Converting leasehold properties into freehold unit titles gives owners full ownership of both their unit and a share in the common areas. This type of conversion is a great way to increase property value and eliminate any complications associated with lease agreements. It provides long-term security and flexibility for owners, making the property easier to manage, sell, or renovate. Consulting professionals to manage the conversion process ensures smooth navigation through the legal and regulatory requirements.