Tag Archives | Unit Titles

Unit titles – who pays?

he Court of Appeal looks at how costs for remedial works should be shared at Auckland’s Shangri-La apartments. Wikipedia notes Shangri-La is meant to be a “permanently happy land”, not so Auckland’s Shangri-La. The Court of Appeal was asked by the body corporate (i.e the owners) to look at:

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Unit Titles Act 2010

The Department of Building and Housing has published a Unit Titles Amendment Bill consultation document dated 20 November 2012. They are seeking views on some proposed amendments to the Act and Regulations. Written submissions are due by 1 February 2013.

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Unit Titles – 8 months on

The Unit Titles Act 2010 has been in force for over 8 months now. Most bodies corporate have had their first AGM under the new Act and made the necessary decisions. The next key date is 1 October 2012. By this date:

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Bodies Corporate – who pays for what?

In the past all body corporate levies have been assessed on unit entitlements. Because unit entitlements are based on value, historically different owners using the same facilities could be required to contribute to costs to differing extents.

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