A Cross Lease is a type of subdivision in which 2 or more parties share ownership in a piece of land and (cross) lease dwellings to each other …
It is uncommon to subdivide this way any more, however it was very popular in the 1980’s and 1990’s. Therefore there are many cross leased sites around and the most common work we do now is to perform a cross lease update. This is required when additions or alterations are made to a dwelling on a cross lease title which alters the footprint of the building(s).
A cross lease update requires a field visit from us to measure the new shape of the house, then it goes to council for approval, and then we submit a plan with LINZ for approval before your solicitor applies for a new cross lease title.
