Freehold Your Property
Simply. Accurately. Quickly.
Enhance Your Title. Protect Your Investment.
Our expert team’s thorough understanding of cross leases gives us more bandwidth to better consider your specific priorities, helping to achieve the best outcome for your individual situation. Having owned cross lease properties ourselves, we understand your needs and the importance of resolving cross lease issues in a timely and cost-effective manner. We place great value on communication and relationships and treat each project with the utmost care and respect.
We break the process down into a few key steps and manage each of these steps for you, leaning on our strong relationships with other highly regarded consultants and contractors formed over our decades of experience in the industry. We are happy to talk you through each step in as much or as little detail as you like.
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Greater freedom and flexibility - increased ability to make changes to your property without needing neighbours’ approval, and without incurring the costly process of updating flats plans.
Reduce risk of disputes - with fewer restrictions on the use of your land, it is less likely for activities to result in disputes between neighbours due to breaches of cross lease terms that may be overly restrictive or redundant (e.g. restrictions on pet ownership).
More prospective buyers - issues with cross leases can often deter prospective purchasers or impact their ability to obtain lending (e.g. due to a defective title).
Increased property value - a 2021 study by the University of Auckland found that freehold titles achieved a significant 14% premium over cross lease titles.
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Each project is unique, but all share a common set of key steps. Contact us for further detail regarding each of the below.
Neighbour agreement.
Initial investigations.
Resource Consent.
Cadastral survey.
Council certifications.
Issue of new titles.
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Most cross lease conversions can be completed in approximately 4 months following the initial topographic survey, assuming that all existing development has been lawfully established.
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Convert My Cross Lease provides a specialist team adept at achieving optimal outcomes at very competitive prices in condensed timeframes. We understand the planning, surveying, and legislative requirements and will leverage this knowledge to support your interests every step of the way.
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Most cross leases can be converted for a cost of $18k per title excl. GST, provided that all existing development has been lawfully established.
Let’s Work Together
We’re here to help. Please get in touch for a free desktop review of your property.