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Jessica
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Chris The Lawyer, Expert
Hi My name is ***** ***** I am a New Zealand lawyer based in Wellingtonwith more than 42 years of experience. I am here to help with your questions.
Chris The Lawyer, Expert
It is possible to convert to a freehold title but that would require cooperation from the other owner. There is a process for arbitrating cross lease disputes however and you could try that
Chris The Lawyer, Expert
It is expensive to convert to a fee simple title unfortunately. There are legal fees, survey costs, council consents and sometimes resource consent issues. You could spend $15 to $20,000
Chris The Lawyer, Expert
Arbitration is a private process but would likely cost a similar amount
Chris The Lawyer, Expert
That’s true of course
Chris The Lawyer, Expert
She doesn’t need consent for that, it’s just building works which need consent
Chris The Lawyer, Expert
You should look at the flats plan, which will identify who owns that part
Chris The Lawyer, Expert
But it should state that on the title and the cross lease
Chris The Lawyer, Expert
Your lawyer who acted when you bought this, should have the relevant documents so ask them. Or you can get copies from Landonline for a small fee