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ARTICLE · 25 JUNE 2009

Significant Changes On The Way For NZ Property Laws

The New Zealand Government has signalled that regulation of property managers and a number of key pieces of property related legislation are under review.

New ZealandReal Estate and Construction
Tammie Watkins
Tammie Watkins
Claudia Collinson
Claudia Collinson

The New Zealand Government has signalled that regulation of property managers and a number of key pieces of property related legislation are under review. This article provides a brief update on the status of the various reviews.

Areas under scrutiny include laws governing:

  • Property managers.
  • Unit titles.
  • Overseas investment.
  • Maori customary interests and public rights and interests in foreshore and seabed areas.
  • Residential tenancies.

Regulation of Property Managers

The Ministry of Justice released a public consultation document in February 2009 seeking the public's views on property managers and considering options for regulation. Currently, there are no specific rules governing property managers' activities.

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