LINZ starts consultation on land title fees
Land Information New Zealand (LINZ) has commenced consultation on the fees charged for searching and registering a property transaction.
LINZ says it is proposed that these fees for land title products and services remain at current rates.
"The existing title fees are set out by the Land Transfer Regulations 2002. When the Land Transfer Act 2017 is enacted at the end of 2018, those regulations will be revoked: the replacement regulations will use language that reflects the terminology of the new Act."
LINZ says that while it is proposing that the fees don't change, the descriptions of some products and services are changing as a result of the Land Transfer Act 2017.
"For example, a 'certificate of title' is now a 'record of title', reflecting the services in the new digital environment."
The LINZ consultation closes at 5pm on Friday, 27 April 2018. Further information is available on the LINZ website.
Last updated on the 16th September 2019